Internet reports that BlackRock released its quarterly earnings report, which disclosed that inflows of its Bitcoin ETF IBIT surged 366% in the second quarter to US$14 billion, up from US$3 billion in the previous quarter. In addition, cryptocurrency inflows accounted for 16.5% of BlackRock's total ETF inflows of US$85 million in the second quarter, a significant increase from just under 3% in the first quarter of 2025. However, BlackRock's total inflows fell 19%, from $84 billion in the first quarter to $68 billion in the second quarter. As of June 30, digital assets generated $40 million in base expenses, accounting for approximately 1% of BlackRock's long-term revenue. That figure was an 18% increase from $34 million in the first quarter.