BlackRock’s digital assets under management fell sharply despite $15.1 billion in net inflows as crypto prices declined.
BlackRock’s digital assets under management dropped 39% year-over-year to $48.8 billion as of June 30, despite $15.1 billion in net inflows. Market declines erased $45.8 billion from its crypto products, outpacing inflows threefold.
Bitcoin fell roughly 37% in the first half of 2026, sliding from near $95,000 to below $59,000. BlackRock’s crypto funds saw $3.1 billion in outflows in Q2, with year-to-date outflows at $2.2 billion, compounding losses from price declines.
Despite the crypto slump, BlackRock reported record total assets of $15.3 trillion and Q2 net inflows of $192 billion. Revenue rose 31% year-over-year to $7.1 billion, with digital assets contributing just $40 million in quarterly base fees.