BlackRock's crypto ETF assets surge 63% but remain far below 2025 peak
Summary
BlackRock’s digital-asset assets under management rose 63% in the third quarter to $79.6 billion, from $48.8 billion at the end of June. Investors added $7.9 billion, reversing $2.2 billion in withdrawals during the first half, while market gains contributed $22.9 billion of the quarter’s $30.8 billion increase. Despite the rebound, holdings remain 23% below the roughly $104 billion managed a year earlier: $6.3 billion in net inflows over 12 months were outweighed by $30.6 billion in market-value losses. The products generated $39 million in quarterly fees and securities-lending revenue. BlackRock did not disclose separate figures for its iShares Bitcoin Trust.
