BlackRock Crypto Holdings Drop 39% Despite $15B in Net Inflows

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BlackRock's digital asset funds recorded $15 billion in net inflows over the past year, reflecting strong investor interest in crypto products. However, the total value of those holdings fell sharply by 39% during the same period. The decline was driven primarily by falling cryptocurrency prices rather than investor withdrawals. This highlights how market volatility can erode asset values even when capital continues to flow into a fund.

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