Given the crippling crypto pricing action in the first quarter of 2025, BlackRock (BLK) has posted a significant slump of a major influx into its spot Bitcoin (BTC) and Ether (ETH) ETFs.
The company’s first quarter revenue report shows that investors put a total of $3 billion into BlackRock’s digital assets-centric ETFs. This was down 83% from the large influx in the fourth quarter, as prices and emotions increased along with the Trump election victory.
The number of first quarters taken alone still shows strong demand for crypto-related funds, even if prices deteriorate.
This $3 billion accounted for 2.8% of BlackRock’s total inflow into Mammoth Islands ETF in the first quarter. For the quarter, BlackRock managed approximately $50.3 billion in digital assets, or about 0.5% of its total assets of over $10 trillion.
The Digital Asset ETF accounted for a base fee of $34 million or less than 1% of our long-term revenue.
The decline in Bitcoin and etheric ETF inflows in the last quarter came to $281 million in parallel with a quarterly decline of iShares’ overall inflow as global markets sought to navigate the changing macroeconomic environment under President Trump.
