BlackRock’s Bitcoin and Ethereum Investment Grows by $23 Billion in 2025

January 4, 2026

Throughout 2025, BlackRock saw a significant increase in its digital assets, accumulating over $23 billion. Data from blockchain analytics firm Arkham Intelligence revealed that the asset manager boosted its holdings of Bitcoin and Ethereum by 43%, despite market fluctuations.

In January 2025, BlackRock’s cryptocurrency portfolio was valued at $54.83 billion. By the end of the year, it had surged to $78.36 billion. This represented a substantial growth in their digital asset portfolio over the course of the year.

BlackRock’s Bitcoin holdings saw a robust increase, with the firm holding 552,550 BTC valued at $51.16 billion in January 2025. By January 2026, this had increased to 770,290 BTC worth $68.05 billion. With an addition of approximately 217,740 BTC, BlackRock saw a 39% growth in the number of Bitcoin units held, even as the price of Bitcoin dipped by 5% from its January 2025 levels.

On the Ethereum front, BlackRock’s holdings expanded at an even faster rate. They went from holding 1.07 million ETH valued at $3.59 billion to 3.47 million ETH worth $10.31 billion. This 224% increase in Ethereum holdings added nearly 2.4 million tokens and contributed $6.71 billion to the firm’s digital asset portfolio.

The bulk of BlackRock’s acquisitions in the cryptocurrency space were driven by inflows into exchange-traded funds (ETFs). This highlighted the sustained institutional demand for regulated exposure to digital assets. Notably, market corrections appeared to be linked to ETF outflows, indicating that the price action of Bitcoin and Ethereum is increasingly influenced by ETF activity, where BlackRock has a significant market share.

Despite their significant presence in the cryptocurrency space, BlackRock has refrained from entering the XRP market. Spokespersons for the firm have indicated that there are no immediate plans to launch a spot XRP ETF.

Looking ahead, historical data suggests a 70-75% chance of an XRP reversal within eight weeks. This data could be crucial for investors and institutions looking to navigate the volatile cryptocurrency market and make informed decisions about their digital assets.