• BlackRock has released its quarterly financial results.
• According to the report, the amount of funds raised in digital assets amounted to $3 billion.
• The base commission amounted to $34 million.

BlackRock received $3 billion in digital asset investments in Q1 2025, representing 2.8% of total inflows into the iShares spot Bitcoin ETF, according to its quarterly report .

Overall, BlackRock reported $84 billion in net revenue in Q1, up 3% year-over-year. While that was 70% lower than the $281 billion it generated in Q4 2024, the company saw solid core revenue growth of 6% for the quarter, a similar result to 2021.

While digital assets still only make up 0.5% of BlackRock's total assets under management (AUM), they reached $50.3 billion as of March 31.

Recall that in December 2024, the company set a record for digital AUM when the spot Bitcoin ETF IBIT raised $50.59 billion.

Underlying fees on digital products were $34 million, less than 1% of the company's long-term revenue.

This result comes after capital outflows from the spot Bitcoin ETF sector that were seen earlier this year. Despite market volatility, investor interest in crypto ETFs remains robust.

BlackRock CEO Larry Fink emphasized that the company is focused on long-term structural opportunities and helping clients navigate a challenging market and regulatory environment:

“Our goal is to help clients focus on the long term and provide them with flexibility in short-term decisions.”

Recall that BlackRock recently launched a Bitcoin ETP in Europe on the Xetra and Euronext exchanges.