BlackRock’s cryptocurrency holdings have skyrocketed past $103.98 billion, marking a historic leap in institutional adoption of digital assets.
BlackRock’s Massive Crypto Push
As of August 14, 2025, BlackRock—the world’s largest asset manager with $12.53 trillion in total assets under management—now holds:
- $89.27 billion in Bitcoin (about 743,310 BTC)
- $14.71 billion in Ethereum (about 3.2 million ETH)
This marks a net increase of $49.15 billion in crypto holdings since the start of 2025.
Ethereum Outpaces Bitcoin in Growth
At the start of 2025, BlackRock’s crypto portfolio was valued at $54.83 billion, dominated by $51.16 billion in Bitcoin and $3.59 billion in Ethereum.
Since January:
- Ethereum’s volume surged 198%, with value soaring 309%
- Bitcoin’s volume rose 34.5%, with value up 74.5%
Ethereum’s explosive rise reflects investor confidence in its DeFi ecosystem, scalability upgrades, and growing institutional use cases.
Strategic Significance
While crypto accounts for less than 1% of BlackRock’s total portfolio, the $103.98 billion milestone underscores the increasing institutional embrace of digital assets.
Bitcoin remains the cornerstone of BlackRock’s crypto strategy, but Ethereum’s rapid growth hints at a more diversified approach in the future.
Market Implications
BlackRock’s deepening presence in crypto could:
- Accelerate mainstream acceptance of Bitcoin and Ethereum
- Influence regulatory clarity due to its institutional clout
- Spur further investment from pension funds, sovereign wealth funds, and other asset managers
