BlackRock reports $3B in digital asset inflows during Q1

From Cointelegraph

April 11, 2025 07:15 AM:

BlackRock reports $84 billion in net inflows in Q1 2025, marking 3% growth in assets under management. iShares ETFs and private markets contribute to strong performance, with $3 billion directed to digital assets. Alternative investments like private markets see $9.3 billion in inflows. Digital assets account for less than 1% of revenue.

Despite a 70% drop in net inflows from Q4 2024, BlackRock CEO Larry Fink highlights 6% organic base fee growth in Q1 as the best start since 2021. The company focuses on helping clients navigate market changes, with $3 billion in crypto asset inflows. Grayscale sees $1.4 billion outflows from its crypto ETFs.

Read more at Cointelegraph: BlackRock reports $3B in digital asset inflows during Q1