In the first quarter of 2025, capital inflow into BlackRock’s tradable funds on the stock exchange (ETFs) for Bitcoin and Ethereum plummeted by a significant 83% to $3 billion. This decline was not unexpected due to the weak performance of digital currencies in this period. According to BlackRock’s income report for the first quarter, investors poured a total of $3 billion into the company’s digital product-focused ETFs. This figure had a noticeable 83% decrease compared to the fourth quarter of the previous year when prices were rising and market sentiment improved after Trump’s election victory. However, this level of investment still indicates strong demand for digital asset-related funds. Data shows that this $3 billion is equivalent to 2.8% of the total capital inflow into the company’s iShares ETFs in the same period. BlackRock’s iShares ETFs include active funds, equity funds, strategic funds, and other smaller categories. By the end of the first quarter, the total digital assets under BlackRock’s management reached $50.3 billion. Despite the size of this number, it only constitutes about 0.5% of BlackRock’s total managed assets. Currently, the company has over $10 trillion in assets. In addition, BlackRock’s digital ETFs only generated $34 million in base income for the company, which is less than 1% of its total long-term revenues. These figures reflect the global market challenges facing the new macroeconomic conditions under President Trump’s administration.
