BlackRock's crypto assets fall 39% despite $15 billion of net inflows
Covered by 3 sources · 4 articles
3 outlets - including Cryptobriefing, Cryptopolitan and Coindesk - are covering this story. BlackRock (NYSE: BLK) shares closed 7% higher Wednesday after second-quarter earnings beat forecasts, even as clients pulled cash from its crypto funds. The company ended June with $15.34 trillion under management, up 22% from $12.53 trilli…
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BlackRock ended Q2 with $15.3 trillion in assets after receiving $192 billion in net inflows
BlackRock (NYSE: BLK) shares closed 7% higher Wednesday after second-quarter earnings beat forecasts, even as clients pulled cash from its crypto funds. The company ended June with $15.34 trillion under management, up 22% from $12.53 trilli…
BlackRock’s crypto AUM falls 39% despite $15B in net inflows
BlackRock's crypto AUM decline highlights the volatility and risks in digital assets, challenging long-term growth strategies amid market downturns.
BlackRock’s crypto assets fall 39% despite $15B in net inflows
Despite significant inflows, the decline in crypto asset value highlights market volatility and challenges in maintaining asset management revenue.
BlackRock's crypto assets fall 39% despite $15 billion of 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.