BlackRock Bitcoin ETF Inflows Hit $935 Million as Morgan Stanley Enters Market
BlackRock's crypto exchange-traded products pulled in $935 million in net inflows during the first quarter of 2026. These products generated $42 million in quarterly base fees, contributing to a total revenue of $6.7 billion for the same period. In April 2026, Morgan Stanley became the first Wall Street bank to launch a Bitcoin ETF with lower fees to compete with BlackRock. BlackRock clients hold 890,000 Bitcoin in ETFs, representing more than 50% of the entire sector's market share.
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