BlackRocks Crypto ETF Inflows Surged to $3 Billion in Q1 2025

From the $107 billion in net inflows to BlackRock’s iShares ETF during the first quarter, $3 billion (2.8%) was attributed to digital asset products. This information is detailed in the fund manager’s report.

BlackRock earned $34 million in fees from its BTC-ETF and ETH-ETF, which constitutes less than 1% of the total inflows.

By the end of the first quarter, BlackRock’s total assets in digital assets stood at approximately $50.3 billion, representing 0.5% of the firm’s total $11.6 trillion in assets under management (AUM).

As of April 10, the IBIT fund, with an asset value of $45.4 billion, is the leader among digital gold-based exchange-traded funds (ETFs), accounting for 51.3% of all net inflows.

In February, the Abu Dhabi government-owned Mubadala Investment Company revealed investments amounting to $436.9 million in BlackRock’s Bitcoin ETF.

In the Ethereum fund category, BlackRock’s ETHA holds the second position with $1.79 billion, closely following Grayscale’s ETHE at $1.81 billion.

On April 10, the SEC approved the listing and trading of options on spot ETFs based on the second-largest cryptocurrency by market capitalization from BlackRock, Bitwise, and Grayscale.

It’s noteworthy that in September 2024, the regulator made a similar decision regarding derivatives based on the BTC-ETF. Less than two months later, the open interest in derivatives on IBIT reached half of that on Deribit.

In March 2025, BlackRock launched its Bitcoin ETF on European exchanges.