# BlackRock's digital asset products generated $42 million in investment advisory, administration fees, and securities lending revenue during the quarter.

*fintech · news · 2026-05-01 · CryptoSlate*

## Key points

- BlackRock's digital asset products generated $42 million in revenue in Q1, confirming a real fee line.
- Digital assets yield higher fees per AUM compared to BlackRock’s overall ETF complex: 24.8 vs. 17.2 bps.
- IBIT and two Ethereum ETFs account for roughly $68.8 billion, 13.4% above March 31 AUM figures.
- Sustained fee yields depend on expanding into richer product structures, like staking or income-generating ETFs.
- For digital assets to reach 5% of BlackRock's ETF revenue base, AUM must triple to $194–$241 billion.

**Companies:** BlackRock, Morgan Stanley, Goldman Sachs, Charles Schwab
**Countries:** United States

[Read the full story on CryptoSlate](https://cryptoslate.com/blackrocks-crypto-etfs-made-42-million-in-q1-and-that-was-still-tiny/)

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