BlackRock Reaches $100 Billion in Crypto Holdings with Bitcoin Dominating Portfolio.

BlackRock's cryptocurrency holdings have surpassed $100 billion, with Bitcoin dominating the portfolio at $89.27 billion and Ethereum at $14.71 billion. This represents a net increase of $49.15 billion since the start of 2025. Ethereum has seen the most dramatic growth, with a 198% increase in volume and a 309% surge in dollar value since January. The surge comes amid record ETF inflows, rapid DeFi adoption, and renewed optimism around Ethereum's scaling roadmap.

BlackRock has crossed a significant milestone in its digital asset strategy, with cryptocurrency holdings now at $103.98 billion as of August 14, 2025, according to Finbold analysis [1]. The portfolio includes $89.27 billion in Bitcoin (743,310 BTC) and $14.71 billion in Ethereum (3.2 million ETH). This marks a staggering $49.15 billion net increase since the start of 2025, when BlackRock’s crypto holdings stood at $54.83 billion, comprising $51.16 billion in BTC and $3.59 billion in ETH.

Notably, Ethereum has seen the most dramatic growth. At the start of the year, BlackRock held roughly 1.07 million ETH worth $3.59 billion. By June 30, that figure had climbed to $4.21 billion, and in just six weeks since, the position has more than tripled to $14.71 billion. In percentage terms, Ethereum holdings have surged 198.64% in volume and over 309% in dollar value since January.

By contrast, while Bitcoin still dominates BlackRock’s crypto portfolio accounting for over 85% of holdings, BTC accumulation has grown at a slower relative pace, rising 34.52% in volume and 74.48% in value since January.

The rapid build-up in Ethereum exposure comes as institutional demand for ETH spikes on the back of Ethereum ETF inflows, broader DeFi adoption, and rising optimism around Ethereum’s scaling roadmap. Bybit's 2035 Ethereum roadmap highlights PoS transition, DeFi/NFT growth, and trillion-dollar on-chain activity projections [2]. Network upgrades like sharding and L2 rollups aim to boost scalability to millions of transactions per second by 2035. Standard Chartered has raised Ethereum price targets to $7,500 (2025) and $25,000 (2028) due to corporate treasury demand and ETF buying [2].

With $12.53 trillion in total assets under management as of June 30, BlackRock’s $100 billion-plus crypto position represents less than 1% of its total portfolio, but sends a clear signal about the firm’s conviction in digital assets.

Reference List:
[1] https://finbold.com/blackrock-now-holds-over-100-billion-in-crypto/
[2] https://www.ainvest.com/news/ethereum-news-today-ethereum-surpasses-4-700-bybit-outlines-2035-growth-roadmap-2508/