BlackRock’s Crypto Holdings Top $100B as BTC, ETH Hit New ATHs
BlackRock’s crypto holdings have surpassed $100 billion, reaching $104 billion as Bitcoin (BTC) and Ethereum (ETH) rally to record highs. Data from Arkham Intelligence confirms that BlackRock’s crypto holdings crossed the $100B milestone when BTC hit $124K and ETH neared $4,790. Institutional inflows into U.S. spot Bitcoin and Ethereum ETFs drove much of the recent momentum. The asset manager now holds 744,240 BTC (≈ $88.4 B) and 3.2 M ETH (≈ $14.8 B). At the start of 2025, its crypto portfolio was valued at $54 B, dipped to $46 B in April, then surged 124% to today’s peak. Bitcoin still accounts for over 85% of BlackRock’s allocation, while Ethereum holdings have grown 309% year-to-date. This expansion highlights rising institutional demand and could sustain bullish market dynamics as digital assets chase new all-time highs.
Bullish
The surge in BlackRock’s crypto holdings and simultaneous record highs for BTC and ETH signal robust institutional demand. Historically, major spot ETF inflows have supported sustained price rallies, as seen after the launch of previous spot bitcoin ETFs. BlackRock’s 124% portfolio growth since April and 309% year-to-date ETH increase underline renewed confidence. In the short term, continued ETF inflows and rising AUM should fuel bullish momentum. Long term, mounting institutional adoption and asset manager interest could enhance market liquidity and stability, reinforcing an overall positive outlook for crypto prices.