BlackRock crypto holdings have surpassed $100 billion, driven by roughly 740.5K BTC (~$85B) and 3.66M ETH (~$16B). Institutional flows favor BTC, while recent ETH outflows and possible ETF staking approval could reshape demand for Ethereum-based products.
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BlackRock controls 740.5K BTC and 3.66M ETH, combining for >$100B in crypto assets.
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BTC holdings rose ~6% in two months; ETH flows show recent outflows of ~58K ETH.
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Spot BTC ETFs now hold about 7% (1.4M BTC) of total supply; corporate treasuries hold ~4.6% (1M BTC).
BlackRock crypto holdings top $100B: discover BTC vs ETH flows, ETF impacts, and what institutional demand means — read the latest analysis.
What are BlackRock crypto holdings and why do they matter?
BlackRock crypto holdings refer to the firm’s accumulations in Spot BTC and ETH ETFs; these positions now top $100 billion, signaling significant institutional adoption. The scale matters because it concentrates market influence and affects liquidity, price discovery, and ETF product demand.
How much Bitcoin and Ethereum does BlackRock hold?
According to on-chain analytics (Arkham, Bitcoin Treasuries), BlackRock’s Bitcoin holdings stand at approximately 740.5K BTC (~$85B) and its Ethereum holdings at roughly 3.66M ETH (~$16B). These allocations make BlackRock one of the largest institutional custodians of crypto assets globally.
Source: Arkham
Why has BTC accumulation outpaced ETH recently?
BlackRock’s BTC accumulation accelerated from about 698K BTC to 740K BTC over the past two months (~6% increase), reflecting stronger investor demand for Bitcoin-focused ETF exposure. In contrast, ETH flows were weaker late in Q3, with notable outflows from Ethereum products.
What recent ETH flows have been reported?
BlackRock’s iShares Ethereum Trust experienced roughly 58K ETH in outflows over seven days (~1.4% decline). Net assets fell from over $17B to about $15.9B amid the outflows and a pullback in ETH price. Analytics firm LookOnChain recorded BlackRock selling nearly $200M in ETH on Sept 9, double the ETH sell-off relative to BTC that day.
Source: Bitcoin Treasuries
Source: SoSo Value
How could ETH ETF staking approval change demand?
Approval of staking for ETH ETFs would likely raise demand by enabling yield-generation within ETF wrappers, attracting yield-seeking institutional capital. Staking permission could narrow the yield differential between native staking and ETF exposure, boosting institutional appetite for ETH products.
Source: LookOnChain
Frequently Asked Questions
How much of total BTC supply do Spot BTC ETFs hold?
Spot BTC ETFs collectively hold about 1.4 million BTC, roughly 7% of the 21 million BTC total supply as of September 2025. This concentration highlights ETF-driven institutional exposure.
Who leads corporate BTC treasuries and how much do they hold?
Corporate treasuries, led historically by Strategy (formerly MicroStrategy), hold about 1 million BTC, or approximately 4.6% of total supply.
Key Takeaways
- Scale: BlackRock’s combined BTC and ETH ETF positions top $100B, underscoring institutional crypto demand.
- Flow divergence: BTC inflows and accumulation outpace ETH, which has seen short-term outflows and asset declines.
- Potential catalyst: ETH ETF staking approval could materially increase demand for Ethereum ETF products.
Conclusion
BlackRock crypto holdings now exceed $100 billion, led by substantial Spot BTC positions and large ETH allocations. Institutional demand is reshaping supply concentration and ETF market dynamics. Watch ETF flows and regulatory decisions on ETH staking for indications of the next phase in institutional crypto adoption.
