{"id":534027,"date":"2026-05-01T14:00:20","date_gmt":"2026-05-01T13:00:20","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=534027"},"modified":"2026-05-01T11:50:53","modified_gmt":"2026-05-01T10:50:53","slug":"blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/","title":{"rendered":"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees"},"content":{"rendered":"

BlackRock's digital assets franchise crossed a threshold in the first quarter, proving to Wall Street that it is a genuine fee line for the world's largest asset manager.<\/p>\n

The firm's digital asset products generated $42 million in investment<\/a> advisory, administration fees, and securities lending revenue during the quarter. By almost every measure of its weight inside BlackRock\u2019s economics, the number is relatively small.<\/p>\n

The ETF complex, which houses those products, generated over $2.4 billion during the same period. Digital assets accounted for nearly $60.7 billion of BlackRock's $5.48 trillion in ETF assets under management, which is 1.11% of the total. On fees, the share rose slightly to 1.75%.<\/p>\n

The difference between AUM share and revenue share runs in crypto\u2019s favor.<\/p>\n

Using BlackRock's average AUM figures for the quarter<\/a>, the digital assets line ran at roughly 24.8 basis points annualized, compared with about 17.2 basis points for the ETF<\/a> complex overall.<\/p>\n

Crypto is a higher-fee product living inside a giant lower-fee machine, which explains why it earns a disproportionate slice of the revenue pie despite its modest asset footprint.<\/p>\n

The catch is that “disproportionate” only goes so far when the base is this small, as iShares posted record first-quarter net inflows of $132 billion and doubled net new base fees year over year.<\/p>\n

Against that momentum, crypto's $42 million is financially minor, and the first quarter exposed just how dependent the revenue line is on asset prices.<\/p>\n

\"Crypto
BlackRock's digital assets generated $42 million in Q1 2026 ETF fee revenue,1.75% of the total, despite holding only 1.11% of ETF AUM.<\/figcaption><\/figure>\n

BlackRock's digital assets products drew $935 million in net inflows during the quarter, representing only 0.71% of total ETF inflows. BlackRock recorded a nearly $18.7 billion negative market<\/a> move in the digital assets category, pulling AUM down from $78.4 billion at the end of 2025 to $60.6 billion at Mar. 31.<\/p>\n

That pattern reframes the adoption<\/a> thesis, since the fee base for a product like IBIT moves with Bitcoin's price<\/a>, while advisor approvals and platform listings are secondary variables.<\/p>\n

Until digital assets' AUM grows large enough that inflows offset price swings, BlackRock's crypto revenue will stay beta-driven and volatile quarter to quarter.<\/p>\n

From flagship to franchise<\/h2>\n

As of Apr. 29, IBIT held roughly $61.7 billion in net assets<\/a> at a 0.25% sponsor fee, and BlackRock<\/a> describes it as the most-traded US spot Bitcoin<\/a> ETP since its launch.<\/p>\n

At that asset level, IBIT implies roughly $152.9 million of annualized sponsor-fee revenue. However, BlackRock does not disclose product-level revenue by ticker, and the $42 million figure covers the entire digital assets segment across the quarter.<\/p>\n\n\n\n\n\n\n\n\n
Product<\/th>\nAsset class<\/th>\nNet assets<\/th>\nFee<\/th>\nStrategic role<\/th>\n<\/tr>\n<\/thead>\n
IBIT<\/td>\nBitcoin<\/td>\n~$61.7B<\/td>\n0.25%<\/td>\nFlagship scale product; main driver of BlackRock\u2019s crypto ETF franchise<\/td>\n<\/tr>\n
ETHA<\/td>\nEthereum<\/td>\n>$7.0B<\/td>\n0.25%<\/td>\nCore Ethereum exposure; second leg of the franchise<\/td>\n<\/tr>\n
ETHB<\/td>\nStaked Ethereum<\/td>\n$594.5M<\/td>\nN\/A in article<\/td>\nHigher-value wrapper tied to ETH exposure plus staking rewards<\/td>\n<\/tr>\n
Combined<\/td>\n\u2014<\/td>\n~$68.8B<\/td>\n\u2014<\/td>\nBlackRock\u2019s three flagship U.S. crypto products; about 13.4% above Mar. 31 digital-assets AUM<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

ETHA<\/a>, the iShares Ethereum<\/a> Trust ETF, held over $7 billion in net assets as of Apr. 29 at the same 0.25% fee. ETHB, the iShares Staked Ethereum Trust ETF, launched on Feb. 18 and has raised $594.5 million.<\/p>\n

ETHB targets the Ethereum price<\/a> performance plus staking rewards, placing it in a category beyond plain-vanilla spot exposure.<\/p>\n

Combined, BlackRock's three flagship US crypto products held roughly $68.8 billion in net assets by late April, about 13.4% above the firm's Mar. 31 digital assets AUM figure.<\/p>\n

If the next phase of crypto ETF monetization comes from richer product structures, such as income, staking, and multi-asset exposure, sustaining that 24.8 basis-point yield becomes the central execution question for the franchise.<\/p>\n

Fee war, distribution drift<\/h2>\n

Morgan Stanley<\/a> launched MSBT<\/a> on Apr. 8 with a 0.14% sponsor fee<\/a>, the lowest US-traded Bitcoin ETP sponsor fee at launch, according to its own account, 11 basis points below IBIT<\/a>.<\/p>\n

Charles Schwab<\/a> announced on Apr. 16 that it would begin rolling out direct Bitcoin and Ethereum trading<\/a> for retail clients at a 75-basis-point per-trade fee<\/a>. Schwab's clients already hold about 20% of the spot-crypto ETP market.<\/p>\n

Goldman Sachs<\/a> filed for a Bitcoin Premium Income ETF<\/a>, converting bitcoin exposure into an options-based income product that differentiates itself.<\/p>\n

None of those moves will dislodge IBIT's scale advantage or BlackRock's distribution depth in the near term. BlackRock holds $13.895 trillion in firm-wide AUM and a liquidity profile in IBIT that no new entrant can replicate quickly.<\/p>\n

These moves paint a competitive arc with more issuers, more brokerage access, more product differentiation, and narrower margins. That is how fee compression played out across every other ETF category that reached critical mass.<\/p>\n

How the math resolves<\/h2>\n

At BlackRock's realized digital assets monetization rate of roughly 24.8 basis points in the first quarter, every additional $10 billion in average digital assets AUM adds about $24.8 million in annual revenue.<\/p>\n

Reaching 5% of BlackRock's current ETF fee base, roughly $120.3 million per quarter, requires about $194 billion in average digital assets AUM at that yield. If fee compression pushes realized yield to 20 basis points, the required AUM rises to roughly $240.6 billion.<\/p>\n

Either way, the franchise would need to nearly triple from its current average to become a 5% contributor to BlackRock's ETF economics.<\/p>\n

\"What
Reaching 5% of BlackRock's ETF fee base requires crypto revenue to nearly triple, demanding up to $240.6 billion in digital assets AUM.<\/figcaption><\/figure>\n

The bull path runs through asset prices<\/a> recovering, advisor adoption broadening beyond early movers, and richer product structures like ETHB, with holding-fee yield above the plain-vanilla ETF floor.<\/p>\n

Under that scenario, average digital assets AUM reaches roughly $140 billion, and quarterly revenue climbs toward $84 million, which is still only 3.5% of BlackRock's current ETF fee base.<\/p>\n

The bear path runs through weaker crypto prices, muted inflows, and a first round of fee cuts, pushing average AUM to around $50 billion, quarterly revenue to roughly $27.5 million, and digital assets back to about 1.1% of BlackRock's ETF fee pool. This is barely distinguishable from noise in the firm's income statement.<\/p>\n

The distance between those two endpoints is large, and asset prices are the dominant variable in both. No amount of product innovation can close an $18 billion quarterly market move gap in the short run.<\/p>\n

The harder contest for BlackRock's crypto-related ETPs stays unresolved, and price levels and fee schedules will decide it.<\/p>\n","protected":false},"excerpt":{"rendered":"

BlackRock’s digital assets franchise crossed a threshold in the first quarter, proving to Wall Street that it is a genuine fee line for the world’s largest asset manager. The firm’s digital asset products generated $42 million in investment advisory, administration fees, and securities lending revenue during the quarter. By almost every measure of its weight […]<\/p>\n","protected":false},"author":1511,"featured_media":534113,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78665,77968,35372,79849,6849],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nBlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees<\/title>\n<meta name=\"description\" content=\"BlackRock\u2019s digital assets ETFs generated $42 million in Q1 fees, which was only 1.7% of the firm\u2019s ETF fee machine.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees\" \/>\n<meta property=\"og:description\" content=\"BlackRock\u2019s digital assets ETFs generated $42 million in Q1 fees, which was only 1.7% of the firm\u2019s ETF fee machine.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-01T13:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-01T10:50:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/04\/blackrock-etf-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gino Matos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gino Matos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/#person\",\"name\":\"Gino Matos\",\"url\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg\",\"caption\":\"Gino Matos\"},\"jobTitle\":\"Reporter\",\"description\":\"Gino Matos is a seasoned crypto journalist and law graduate covering Brazil\u2019s blockchain ecosystem and DeFi developments.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/pelicamatos\",\"https:\/\/www.linkedin.com\/in\/ginomatos\",\"https:\/\/muckrack.com\/gino-matos\"]},\"headline\":\"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees\",\"datePublished\":\"2026-05-01T13:00:20+00:00\",\"dateModified\":\"2026-05-01T13:00:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/\"},\"wordCount\":1056,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"ETF\",\"Featured\",\"Investments\",\"TradFi\",\"Trading\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/\",\"url\":\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/\",\"name\":\"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2026-05-01T13:00:20+00:00\",\"dateModified\":\"2026-05-01T13:00:20+00:00\",\"description\":\"BlackRock\u2019s digital assets ETFs generated $42 million in Q1 fees, which was only 1.7% of the firm\u2019s ETF fee machine.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/f03754c9e579651795caf77a2b00c49c\",\"name\":\"Gino Matos\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg\",\"caption\":\"Gino Matos\"},\"description\":\"Gino Matos is a law school graduate and a seasoned journalist with six years of experience in the crypto industry. His expertise primarily focuses on the Brazilian blockchain ecosystem and developments in decentralized finance (DeFi).\",\"url\":\"https:\/\/cryptoslate.com\/author\/gino-matos\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees","description":"BlackRock\u2019s digital assets ETFs generated $42 million in Q1 fees, which was only 1.7% of the firm\u2019s ETF fee machine.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/","og_locale":"en_US","og_type":"article","og_title":"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees","og_description":"BlackRock\u2019s digital assets ETFs generated $42 million in Q1 fees, which was only 1.7% of the firm\u2019s ETF fee machine.","og_url":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/","og_site_name":"CryptoSlate","article_published_time":"2026-05-01T13:00:20+00:00","article_modified_time":"2026-05-01T10:50:53+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/04\/blackrock-etf-.jpg","type":"image\/jpeg"}],"author":"Gino Matos","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Gino Matos","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/gino-matos\/#person","name":"Gino Matos","url":"https:\/\/cryptoslate.com\/author\/gino-matos\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/gino-matos\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/gino-matos\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-300x300.jpg","caption":"Gino Matos"},"jobTitle":"Reporter","description":"Gino Matos is a seasoned crypto journalist and law graduate covering Brazil\u2019s blockchain ecosystem and DeFi developments.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/pelicamatos","https:\/\/www.linkedin.com\/in\/ginomatos","https:\/\/muckrack.com\/gino-matos"]},"headline":"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees","datePublished":"2026-05-01T13:00:20+00:00","dateModified":"2026-05-01T13:00:20+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/"},"wordCount":1056,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["ETF","Featured","Investments","TradFi","Trading"],"inLanguage":"en-US","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/","url":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/","name":"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2026-05-01T13:00:20+00:00","dateModified":"2026-05-01T13:00:20+00:00","description":"BlackRock\u2019s digital assets ETFs generated $42 million in Q1 fees, which was only 1.7% of the firm\u2019s ETF fee machine.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"BlackRock\u2019s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/f03754c9e579651795caf77a2b00c49c","name":"Gino Matos","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-gino-150x150.jpg","caption":"Gino Matos"},"description":"Gino Matos is a law school graduate and a seasoned journalist with six years of experience in the crypto industry. His expertise primarily focuses on the Brazilian blockchain ecosystem and developments in decentralized finance (DeFi).","url":"https:\/\/cryptoslate.com\/author\/gino-matos\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/534027"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1511"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=534027"}],"version-history":[{"count":7,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/534027\/revisions"}],"predecessor-version":[{"id":534131,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/534027\/revisions\/534131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/534113"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=534027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=534027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=534027"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=534027"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=534027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}