BlackRock, the world’s largest asset manager, has already scooped up nearly $6 billion in cryptocurrencies since the start of the year.

As of the time of writing, January 20, BlackRock’s total crypto holdings hover around $81.4 billion, as per the real-time wallet tracking data retrieved by Finbold from Arkham.

More specifically, the overall net assets have climbed up from $78.36 billion to $84.22 billion, while all asset prices have gone up exponentially.

Bitcoin (BTC), whose price increased by 5.17% during the period, still amounts to the largest portion of the portfolio (87%, to be precise). The remaining 13% are mostly dedicated to Ethereum (ETH), which is up 9.41%, with some negligible stakes in minor cryptocurrencies, such as Avalanche (AVAX). 

BlackRock’s most recent crypto purchases

BlackRock’s most recent crypto moves include a 195 BTC purchase on Sunday, January 19, worth around $18 million, as well as a hefty 4,534 ETH acquisition, valued at approximately $14.5 million.

While the inflows are indeed picking up, the situation is not as upbeat as it was last year. For comparison, between January 1 and January 20, 2025, BlackRock was nearly $7.3 billion in the green.

While it is still early to draw any sound conclusions based on these numbers alone, it is nonetheless worth noting that the pace of accumulation has slowed considerably, at least on paper.

Also worth noting, the ongoing accumulation comes amid generally positive flows across the broader exchange-traded fund (ETF) market. Bitcoin spot ETFs, for instance, logged several days last week before retreating sharply in the final session, while Ethereum spot ETFs remained in net positive territory throughout the week despite uneven daily activity.
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