BlackRock’s crypto ETFs thrive in one of the toughest quarters with $3 billion inflow

BlackRock, the largest asset manager in the world, reported $3 billion in digital asset inflows during the first quarter of 2025 despite the volatility in the crypto market.

The update came in the firm’s latest earnings report, which also revealed $84 billion in total net flows across its broader portfolio during the quarter.

The performance was primarily fueled by record-breaking activity in BlackRock’s iShares exchange-traded funds (ETFs), which brought in $107 billion in net flows alone.

blackrock q1 earnings etfs
Screengrab showing BlackRock’s financial results and net flow highlights from the Q1 earnings report on Apr. 11, 2025 (Source: BlackRock)

Additional gains came from private markets and systematic active strategies, reflecting strong investor…

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