BlackRock reported $14.1 billion in digital asset net inflows for the second quarter of 2025, pushing the firm’s total assets under management (AUM) in this segment to $79.6 billion.
Although digital assets still represent just 1% of BlackRock’s $12.5 trillion in total AUM, the category is emerging as one of its fastest-growing product lines.
Year-to-date, digital asset net inflows have reached $17 billion, showing persistent institutional interest despite a complex macroeconomic backdrop.
Digital assets contributed hugely to BlackRock’s broader ETF performance. Within the firm’s $85 billion in total ETF inflows during Q2, digital products alone accounted for $14 billion.
While modest compared to traditional asset classes, the figure reflects a growing stream of yield-generating exposure from crypto-related products. CEO Larry Fink attributed some of the firm’s performance momentum to digital assets, along with custom strategies and technology-led platforms like Aperio.
Digital assets generated $40 million in base fees and securities lending revenue in Q2 2025, also accounting for 1% of BlackRock’s total revenue from investment advisory and administration services.
“We’re attracting a new and increasingly global generation of investors through things like our digital assets offerings,” he said. However, with digital assets contributing nearly 31% of alternative product flows in Q2, they are becoming a key pillar of the firm’s alternative investment strategy.
In a statement accompanying the results, CEO Larry Fink emphasized the growing role of digital assets in attracting a new generation of investors.
