BlackRock Reports $84 Billion in Net Inflows in Q1 2025, Led by iShares ETFs and Digital Assets

BlackRock, the largest asset manager globally with $11.6 trillion in assets under management, announced total net inflows of $84 billion in the first quarter of 2025, representing a 3% annual growth in assets under management. The firm's strong performance was driven by record first-quarter results for iShares exchange-traded funds (ETFs) and continued strength in private markets and net inflows, as stated in BlackRock's Q1 earnings report released on April 11. In Q1, $3 billion of the $107 billion in net inflows to iShares ETFs, accounting for 2.8% of total ETF inflows, was allocated to digital asset products, according to BlackRock. Additionally, alternative investments, particularly private market inflows, played a significant role in Q1, totaling $9.3 billion. Despite digital assets only contributing a small portion to BlackRock's revenue, with $34 million in base fees as of March 31, 2025, representing less than 1% of the firm's long-term revenue, the total digital assets under management reached $50.3 billion by the end of the first quarter, making up about 0.5% of BlackRock's total assets under management. The financial results of BlackRock in Q1 2025 indicate that digital assets still have a modest presence in the company's operations. Despite this, the $3 billion in digital asset inflows by BlackRock are noteworthy, especially considering the widespread liquidations in the Bitcoin ETF market earlier this year, suggesting a steady investor interest in crypto-backed ETFs. This is an evolving story, and more details will be provided as they become available. Magazine: Bitcoin on track to reach $70K soon? Crypto enthusiast funds SpaceX flight: Hodler’s Digest, March 30 – April 5.