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BlackRock’s Crypto AUM Nears $80 Billion in Third Quarter, Up 63% From Prior Quarter

BlackRock’s Crypto AUM Nears $80 Billion in Third Quarter, Up 63% From Prior Quarter

  • BlackRock’s crypto assets under management (AUM) rose about 63% from the previous quarter to $79.6 billion in the third quarter.
  • The increase was driven by price gains in existing holdings, which accounted for $22.9 billion, while investor net inflows made up $7.9 billion.
  • Over the past 12 months, BlackRock’s crypto-related products recorded $6.3 billion in net inflows, but market price swings reduced valuations by $30.6 billion.

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Photo: Shutterstock
Photo: Shutterstock

BlackRock’s crypto assets under management neared $80 billion in the third quarter, climbing more than 60% from the previous quarter.

CoinDesk reported on October 14 that BlackRock’s crypto AUM stood at $79.6…

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