BlackRock’s Crypto Assets Increased by 63% in Three Months: Added $7.9 Billion to its Vault
Photo: Bitcoin Sistemi
The value of digital assets managed by BlackRock rose to $79.6 billion in the third quarter. This increase was largely driven by the recovery in cryptocurrency prices. BlackRock, one of the world's largest asset management companies, recorded a strong recovery in its cryptocurrency funds in the third quarter of the year. The total value of digital assets under the company's management increased from $48.8 billion at the end of June to $79.6 billion at the end of September. This figure indicates approximately 63% growth over the three-month period. However, the increase was not entirely due to new investor inflows.
Source: Bitcoin Sistemi
