BlackRock Inc. (NYSE: BLK ) has seen its crypto portfolio fall by more than $12 billion during the first 11 days of June 2026. BlackRock’s cryptocurrency holdings have declined by $12.45 billion, down from $64.53 billion on June 1 to $52.08 billion on June 11, according to data from Arkham Intelligence analyzed by Finbold. As a result, the fund manager’s crypto portfolio has declined by 19.29% during this period. BlackRock crypto portfolio change in early June. Source: Arkham Intelligence The notable decline in BlackRock’s cryptocurrency portfolio was attributed to its iShares Bitcoin Trust ( IBIT ). Notably, IBIT has seen its Bitcoin ( BTC ) holdings drop from 792,000 units on June 1 to 767,180 coins on June 11. As such, BlackRock’s Bitcoin holdings have declined by 24,820 BTC, representing a 3.13% fall. With BTC price having dropped by over 14% during this period, BlackRock’s BTC portfolio has fallen by approximately $11.08 billion, from $58.44 billion on June 1 to about $47.38 billion at press time. Meanwhile, the firm’s iShares Ethereum Trust ETF (ETHA) has offloaded 146,380 Ethereum ( ETH ) during this period, down from 3.06 million units on June 1 to approximately 2.87 million on June 11. With Ethereum price down over 18% in June, its ETH holdings have fallen by $1.38 billion. What’s next for the BlackRock crypto portfolio? The BlackRock crypto portfolio shrank in early June as more investors rushed to capitalize on the SpaceX initial public offering (IPO), as Finbold reported . On Thursday, the firm deposited 2,493 BTC, valued at $157.25 million, and 12,679 ETH, valued at $21 million, into Binance, as per data from Onchain Lens. However, with the crypto market anticipated to rebound as the precious metal market falls, as Finbold explained , BlackRock’s crypto portfolio is likely to start increasing again in the near future. The post BlackRock crypto portfolio falls by over $12 billion in early June appeared first on Finbold .