Key Takeaways
- • BlackRock's crypto assets under management rose about 63% quarter-over-quarter to $79.6 billion at the end of September 2026, up $30.8 billion from $48.8 billion at the end of June, according to CoinDesk as cited by bloomingbit.
- • Market price gains on existing holdings drove $22.9 billion of the increase, while net investor inflows contributed $7.9 billion.
- • Despite the quarterly rebound, crypto AUM remained about 23% below the $104 billion recorded at the end of September 2025.
- • Over the trailing 12 months, BlackRock's crypto products took in $6.3 billion in net inflows, but market price swings reduced valuations by $30.6 billion.
- • BlackRock generated $39 million in fees and securities-lending revenue from its crypto products in the third quarter.
Summary
BlackRock's crypto assets under management neared $80 billion at the end of the third quarter of 2026, reaching $79.6 billion at the end of September, according to a report by CoinDesk cited by bloomingbit on October 14. The figure represents an increase of $30.8 billion, or about 63%, from $48.8 billion at the end of June.
The majority of the quarterly gain came from valuation recovery rather than new capital. Mark-to-market gains tied to the rebound in the crypto market accounted for $22.9 billion of the increase, while net investor inflows made up the remaining $7.9 billion. The quarter's growth therefore reflected a recovery in asset prices on existing holdings more than a broad expansion of client commitments.
The level remains well below the prior-year peak. The $79.6 billion figure was about 23% below the $104 billion recorded at the end of September 2025, reflecting valuation losses from the crypto market downturn in the first half of 2026 that have not yet been fully recovered.
Over the trailing twelve months, BlackRock's crypto-related products recorded $6.3 billion in net inflows, yet market-price swings reduced valuations by $30.6 billion. Falling asset prices, rather than investor outflows, were the primary driver of the year-over-year decline in AUM.
BlackRock also earned $39 million in fees and securities-lending revenue from its crypto products during the third quarter, according to the report.
The majority of the quarterly gain came from valuation recovery rather than new capital. Mark-to-market gains tied to the rebound in the crypto market accounted for $22.9 billion of the increase, while net investor inflows made up the remaining $7.9 billion. The quarter's growth therefore reflected a recovery in asset prices on existing holdings more than a broad expansion of client commitments.
The level remains well below the prior-year peak. The $79.6 billion figure was about 23% below the $104 billion recorded at the end of September 2025, reflecting valuation losses from the crypto market downturn in the first half of 2026 that have not yet been fully recovered.
Over the trailing twelve months, BlackRock's crypto-related products recorded $6.3 billion in net inflows, yet market-price swings reduced valuations by $30.6 billion. Falling asset prices, rather than investor outflows, were the primary driver of the year-over-year decline in AUM.
BlackRock also earned $39 million in fees and securities-lending revenue from its crypto products during the third quarter, according to the report.
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