According to CoinDesk, BlackRock's digital assets under management fell from $79.6 billion a year ago to $48.8 billion as of July 2026, a decline of nearly 39%. The drop reflects approximately $45.8 billion in market depreciation that outweighed about $15.1 billion in net inflows during the period. BlackRock's overall AUM reached a record $15.3 trillion.
BlackRock set a target to generate approximately $500 million in annual crypto business revenue by 2030, more than a tenfold increase from its current combined base fees and securities lending revenue of about $40 million. The company plans to expand its offerings around existing Bitcoin spot ETF (IBIT) and Ethereum spot ETF (ETHA), plus options strategy product BITY, while seeking to serve as a stablecoin reserve manager and digital wallet native asset manager.