BlackRock Crypto ETF Assets Jump 63% in Third Quarter

BlackRock's digital asset funds recorded a significant recovery in the third quarter of 2026, with assets under management surging 63% to reach $79.6 billion by the end of September, according to its earnings report released Wednesday.

The rebound reversed $2.2 billion in outflows seen during the first half of the year as investors added $7.9 billion in inflows during the third quarter. Rising cryptocurrency prices accounted for $22.9 billion of the $30.8 billion total increase in assets during the period.

Holdings Still Below 2025 Peak

Despite the quarterly rebound, BlackRock's digital asset holdings remain 23% below the nearly $104 billion managed a year prior. Over the preceding 12 months, the firm's funds attracted $6.3 billion in net new capital, but broader market declines erased $30.6 billion in asset value over that timeframe.

Quarterly Revenue and Performance

During the quarter, the asset manager earned $39 million in quarterly fees and securities lending revenue from its digital asset products, which include the iShares Bitcoin Trust (IBIT). BlackRock did not provide separate asset or flow figures specifically for its bitcoin fund in the report.

Key facts

• Digital assets under management reached $79.6 billion at the end of September, up 63% from $48.8 billion at the end of June.
• The third quarter saw $7.9 billion in inflows, reversing $2.2 billion in first-half outflows.
• Rising crypto prices contributed $22.9 billion to the $30.8 billion quarterly increase.
• Total holdings remain 23% below the nearly $104 billion managed a year ago, despite attracting $6.3 billion in net new money over 12 months.
• Quarterly fees and securities lending revenue from digital asset products totaled $39 million.