BlackRock reports digital asset inflows of $3 billion in the first quarter

PANews reported on April 11 that according to Cointelegraph, BlackRock, the world's largest asset manager, reported that its total net inflows of US$84 billion in the first quarter of 2025, achieving 3% annualized growth. According to its financial report released on April 11, the strong performance is mainly due to the record performance of iShares ETF and the continued strong net inflows in the private equity market. BlackRock said that of the net inflows of iShares ETFs, $3 billion (2.8%) flowed into digital asset products in the first quarter. As of March 31, 2025, digital assets brought US$34 million to BlackRock, less than 1% of its long-term revenue; at the end of the first quarter, its total digital assets under management were US$50.3 billion, accounting for about 0.5% of the total assets under management. Although the proportion is not high, BlackRock's net inflow of $3 billion in digital assets is still worth paying attention to given the general liquidation of the Bitcoin ETF market earlier this year, and data shows that investors' interest in crypto-backed ETFs is stable.