BlackRock Q3 Earnings: Digital Asset Funds Attract $7.9 Billion in Inflows, Digital Assets Scale Reaches $79.6 Billion

BlockBeats news, October 14: BlackRock's Q3 earnings report shows that digital asset funds attracted $7.9 billion in inflows in the third quarter, reversing the approximately $2.2 billion in outflows from the first half of the year. The digital assets under management at the end of September were $79.6 billion, an increase of $30.8 billion, or 63%, from $48.8 billion at the end of June; of which $22.9 billion of the growth was attributed to the rise in cryptocurrency prices. Despite the rebound, the scale of digital assets held by BlackRock is still 23% lower than a year ago.