BlackRock quarterly financial report: Bitcoin ETF inflows surged 366% in the second quarter

Odaily Planet News: Asset management giant BlackRock released its quarterly financial report, revealing that its Bitcoin ETF IBIT saw a 366% surge in inflows during the second quarter, reaching $14 billion, up from $3 billion in the previous quarter. Additionally, cryptocurrency inflows accounted for 16.5% of BlackRock's total ETF inflows of $85 million in the second quarter, showing a significant increase from slightly below 3% in the first quarter of 2025. However, BlackRock's total inflows decreased by 19%, dropping from $84 billion in the first quarter to $68 billion in the second quarter. As of June 30, digital assets generated $40 million in base fees, approximately 1% of BlackRock's long-term revenue. This figure increased by 18% from $34 million in the first quarter. (Cointelegraph)