BlackRock crypto portfolio fell by over $13 billion in 5 months

By Finbold | Created at 2026-06-01 11:00:52 | Updated at 2026-06-07 19:21:33 6 days ago

BlackRock Inc. (NYSE: BLK) has seen the value of its crypto portfolio drop by more than $13 billion in the first five months of 2026.

BlackRock’s crypto portfolio has declined by $13.83 billion year-to-date (YTD), down from $78.36 billion on the first day of 2026 to about $64.53 billion on June 1. As such, BlackRock’s crypto value has dropped by 17.65% YTD, according to data from Arkham Intelligence analyzed by Finbold.

At the beginning of this year, BlackRock’s iShares Bitcoin Trust (IBIT) held Bitcoin (BTC) worth $68.05 billion, but that total has since dropped to $58.44 billion as of the time of reporting. As such, IBIT’s BTC value has declined by $9.61 billion year-to-date, which represents a drop of about 14.2%.

On the other hand, BlackRock’s iShares Ethereum Trust ETF (ETHA) held Ethereum (ETH) valued at approximately $10.31 billion on January 1, 2026. However, ETHA’s value has since fallen to $6.08 billion at the time of reporting.

The decline in BlackRock’s crypto portfolio over the first five months of 2026 was largely due to the bear market coupled with ETH sales. Notably, BTC’s price has dropped by over $14,549 YTD, from $90,872 on January 1 to roughly $72,616 on Monday.

Meanwhile, ETH price has shed over $946 YTD, down from $3,118 at the beginning of this year, and is trading near $1,980 at the time of publication. Additionally, the company’s ETH portfolio decreased by 462,210 units during this period, representing a 13.3% drop.

BlackRock crypto holdings YTD

BlackRock’s IBIT Bitcoin holdings increased by more than 21,710 BTC from 770,290 on January 1, 2026, to about 792,000 on June 1, 2026. As such, IBIT’s holdings have gained 2.82% YTD, despite the underlying value declining.

However, BlackRock’s ETHA’s Ethereum holdings dropped by 462,210 units YTD, from 3.47 million ETH on January 1 to hover near 3.01 million at press time.

Best Crypto Exchange for Intermediate Traders and Investors

Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.

30+ million Users worldwide

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Finbold Career