BlackRock, the world's largest asset manager, has reported a significant increase in the inflows of its cryptocurrency funds for the second quarter of 2025. This increase occurs amidst a general trend of declining inflows in other funds.
Surge in Cryptocurrency Inflows
According to BlackRock’s quarterly earnings report, inflows into the company’s crypto ETFs surged by 366% in Q2 2025 to $14 billion, compared to just $3 billion in the previous quarter.
Overall Results and Decrease in Inflows
Despite the growth in cryptocurrency funds, total inflows at BlackRock decreased by 19%, falling from $84 billion in Q1 to $68 billion in Q2. This decrease was attributed to a $52 billion partial redemption by a single institutional client.
Prospects for Digital Assets
As of June 30, digital assets generated $40 million in base fees, representing about 1% of the company's long-term revenue. BlackRock noted that the revenue growth from digital assets signals potential for increasing earnings.
Thus, BlackRock's report underscores the growing interest in cryptocurrency, even as total inflows decline, which may indicate expanding opportunities in the digital asset space.