Post Content
BlackRock, Inc. (NYSE: BLK), the world’s largest asset manager, reported the financial result for the first quarter of 2026 on Apr. 14.
The investment company posted $2.2 billion in net income, up 46% on a quarter-on-quarter basis.
The adjusted earnings per share (EPS) for the quarter stood at $12.53, above the estimated figure of $11.65.
The asset manager ended the quarter with $13.89 trillion in assets under management.
Related: BlackRock’s new ETF could pay investors even if Bitcoin crashes
In Q1 2026, BlackRock reported $130 billion of total net inflows, including $935 million in crypto exchange-traded fund (ETF) inflows.
The asset manager held digital assets worth $60.67 billion in assets under management (AUM) as of March 31. Notably, it earned $42 million in base fees on these assets in the last quarter.
BlackRock launched the iShares Bitcoin Trust (Nasdaq: IBIT) in January 2024 and the iShares Ethereum Trust (Nasdaq: ETHA) in July 2024.
Latest data from SoSoValue reveals that the investment firm’s spot Bitcoin and Ether ETFs held $57.67 billion and $6.90 billion as of Apr. 13.
BlackRock is also planning to launch a new Bitcoin ETF called the iShares Bitcoin Premium Income ETF, which plans to offer a premium income by selling call options on IBIT shares.
Chairman and CEO Larry Fink called it “one of the strongest starts to a year in our history.” With $130 billion of net inflows and an 8% organic base fee growth, it was BlackRock’s highest first quarter in five years, he said.
“We’re engaged with clients across every channel, geography, and asset class,” Fink added. “They’re coming to BlackRock because we can meet them across their whole portfolio.”
The IBIT has declined 15% this year and was trading at $42.01 at press time. Bitcoin has similarly lost 15% this year to trade at $74,084.25 at the time of writing.
The ETHA has declined 20% this year and was trading at $17.47 at press time. Ether has lost 22% of its value this year and was trading at $2,310.18.
Related: BlackRock’s Larry Fink says Bitcoin is ‘not a bad asset’
This story was originally published by TheStreet on Apr 14, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.