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BlackRock's crypto assets down 39% despite $15 billion in net inflows · Cyprus Report

Business · World

BlackRock's crypto assets down 39% despite $15 billion in net inflows

1 sourceFirst reported 6 days agoUpdated 6 days ago

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BlackRock's digital asset funds experienced a 39% decline in their total value.
Despite the decline, the funds saw $15 billion in net inflows over the past year.
The drop in value is attributed to decreasing prices in the cryptocurrency market.
The news highlights the volatility inherent in digital asset investments.

Generated by AI from the 1 sources below · always verify with the originals

AI summary: catch up in 20 seconds

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Generated by AI from the 1 sources below · always verify with the originals

All coverage (1)

BlackRock's crypto assets fall 39% despite $15 billion of net inflowsCoinDesk · 6 days ago

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AI summary: catch up in 20 seconds

BlackRock's digital asset funds experienced a 39% decline in their total value.
Despite the decline, the funds saw $15 billion in net inflows over the past year.
The drop in value is attributed to decreasing prices in the cryptocurrency market.
The news highlights the volatility inherent in digital asset investments.

Generated by AI from the 1 sources below · always verify with the originals