BlackRock's cryptocurrency ETF assets under management fall 9% quarter-on-quarter in January-March 2025

BlackRock, the largest asset management company, announced its financial results for the January-March 2025 period on the 11th. As of March 31, the assets under management of Bitcoin (BTC) and Ethereum (ETH) spot ETFs (exchange-traded funds) had decreased by approximately $5 billion (approximately 720 billion yen) from the end of December 2024.

Due to the decline in the prices of Bitcoin and Ethereum, the value of assets fell 9% to the equivalent of $50.3 billion (approximately 7 trillion yen). This is believed to be due to the market being affected by concerns about tariffs imposed by the Trump administration in the United States since around February.

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