BlackRock’s Bitcoin and Ethereum ETF Inflows Climb Despite $5B Value Dip

Despite the significant market downturn in early 2025, BlackRock reported persistent investor interest in its cryptocurrency exchange-traded funds (ETFs), as highlighted in its recent earnings release. The asset manager’s total holdings in spot crypto ETFs decreased by $5 billion, bringing the total down to $50.3 billion as of March 31. This reduction aligns with notable declines in crypto prices, with Bitcoin dropping 12% and Ethereum plunging 45% during the quarter.

However, the company’s ETFs experienced positive net inflows, underlining continued investor confidence amid market volatility:

iShares Bitcoin Trust (IBIT): $2.7 billion in net inflows
iShares Ethereum Trust (ETHA): $548 million in net inflows

Together, these inflows totaled $3.1 billion, accounting for approximately 3% of the total net flows across all of BlackRock’s U.S.-listed products.

IBIT, a standout performer, has seen its assets under management (AUM) rise to $45 billion, significantly outperforming competitors like the Grayscale Bitcoin Trust ETF, which holds $15.2 billion. While ETHA still trails behind Grayscale’s $3.46 billion Ethereum fund, it has successfully maintained positive net inflows during a period where Grayscale experienced substantial outflows.

Since its debut in January 2024, IBIT has attracted nearly $39 billion in net inflows, contributing to an impressive $30 billion total investment into BlackRock’s crypto ETF lineup over the past year.

In a strategic move to strengthen its crypto investment infrastructure, BlackRock recently broadened its custody services to include Anchorage Digital Trust alongside Coinbase, enhancing asset security for its growing portfolio of digital assets.

For full details, see the original report at Decrypt.

Related posts: