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.
- BlackRock's digital asset funds fell to $48.8 billion from $79.6 billion a year earlier despite $15.1 billion in net inflows.
- The decline was driven by $45.8 billion in market losses, which outweighed new investor money.
- Digital asset products also recorded $3.1 billion in net outflows during the second quarter, even as BlackRock posted record firmwide assets and beat Wall Street earnings estimates.
- 1 Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure 38 minutes ago
- 2 Ledger wants AI agents to manage crypto without holding your keys 1 hour ago
- 3 Galaxy targets institutional stablecoin yield with new DeFi vaults 2 hours ago
- 4 The most popular bitcoin call option has slipped by $10,000 3 hours ago
- 5 Inside the high-stakes race to build an open financial system specifically for AI bots 3 hours ago
- 6 Bitcoin pulls back to $64,000 after hitting monthly high as bears take control 4 hours ago
- 7 Tether invests $20 million in Argentine neobank Ualá as it expands Latin America push 4 hours ago
- 8 U.S. adds four Iran central bank crypto wallets to sanctions, Tether freezes $131 million of contents 4 hours ago
- 9 Live updates: Bitcoin holding $64,000 as AI momentum stocks continue to tumble 8 hours ago
- 10 U.S. Senate unanimously opposes clemency for FTX founder Sam Bankman-Fried 8 hours ago
Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Bitcoin pulls back to $64,000 after hitting monthly high as bears take control
Live updates: Bitcoin holding $64,000 as AI momentum stocks continue to tumble
A bitcoin wallet dormant since the 2017 peak just moved $383 million
Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure
Ledger wants AI agents to manage crypto without holding your keys
Galaxy targets institutional stablecoin yield with new DeFi vaults
Original sourceCoinDesk
The original source remains the canonical version for attribution, rights, and later updates.
Read original ↗Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.