BlackRock reported $84 billion in total net inflows in Q1 2025, achieving 3% annualized growth in assets under management
Digital asset products attracted $3 billion in inflows, representing 2.8% of the firm's record $107 billion ETF inflows
Despite growth, digital assets remain a modest segment, accounting for just $34 million in base fees (less than 1% of long-term revenue)
Total digital assets under management reached $50.3 billion, approximately 0.5% of BlackRock's $11.6 trillion total AUM
CEO Larry Fink highlighted 6% organic base fee growth, calling it the "best start to a year since 2021"
BlackRock's Overall Q1 2025 Financial Performance
BlackRock managed $11.6 trillion in assets as of Q1 2025, maintaining its position as the world's largest asset manager
The firm achieved $84 billion in total net inflows, representing a 3% annualized growth in assets under management
Q1 2025 saw a 70% drop in net inflows compared to Q4 2024 ($84 billion vs. $281 billion)
Despite lower inflows, BlackRock delivered 6% organic base fee growth
Private markets showed continued strength with $9.3 billion in inflows
CEO Larry Fink emphasized the company's focus on helping clients navigate market and policy changes while providing insights on "long-term structural growth opportunities"
Record-Breaking Performance in ETF Business
iShares ETFs experienced a record first quarter with $107 billion in net inflows
Digital asset products contributed $3 billion to these inflows, representing 2.8% of total ETF inflows
The strong ETF performance occurred despite widespread liquidations in the Bitcoin ETF market earlier in the year
BlackRock's continued inflows suggest steady investor interest in crypto-backed ETFs
Digital Asset Segment Analysis
Digital assets under management reached $50.3 billion by the end of Q1 2025
This figure represents approximately 0.5% of BlackRock's total $11.6 trillion in assets under management
Digital assets generated $34 million in base fees during Q1
Base fees from digital assets accounted for less than 1% of BlackRock's long-term revenue
BlackRock's positive digital asset inflows stand in contrast to competitors like Grayscale, which saw approximately $1.4 billion in outflows from its crypto ETFs year-to-date as of April 4, 2025
Alternative Investment Performance
Alternative investments were a significant contributor to BlackRock's Q1 results
Private market inflows totaled $9.3 billion during the quarter
These alternative investment flows complemented the strong performance in the ETF business
BlackRock's Strategic Focus
CEO Larry Fink described the 6% organic base fee growth as the company's "best start to a year since 2021"
The company maintained "secular strength against a complex market backdrop"
BlackRock's stated goal is keeping clients focused on long-term opportunities while facilitating any near-term allocation or liquidity changes within the BlackRock platform
The firm continues to position itself as a guide for clients navigating market uncertainties and structural growth opportunities
