BlackRock's crypto assets fall 39% despite $15 billion of net inflows
CoinDesk·
60-second summary
BlackRock's digital asset funds experience a 39% decline in value despite attracting $15 billion in net inflows over the past year. Falling crypto prices drive the sharp drop in value, highlighting the volatility of the digital asset market. The significant decline underscores the challenges of investing in cryptocurrencies, even with substantial net inflows.
BlackRock's digital asset funds attracted $15 billion in net inflows over the past year, but falling crypto prices drove the value of those holdings sharply lower.