Strong net inflows over the past year were overshadowed by weaker cryptocurrency prices, which reduced the market value of assets held in the funds.
BlackRock’s digital asset funds brought in $15 billion in net inflows over the past year, showing continued investor demand for crypto-linked products. Even so, falling cryptocurrency prices sharply reduced the value of the assets held by those funds, underscoring how market declines can outweigh fresh capital entering digital asset vehicles.