On July 15, BlackRock, a major US asset management firm, announced its Q2 2026 earnings. The company revealed that the assets under management (AUM) for its cryptocurrency ETFs and other digital asset products had decreased by approximately 39% from $79.6 billion in the same period last year to $48.8 billion.
According to the earnings report, despite $15.1 billion in net inflows over the past 12 months, the market downturn during the same period resulted in a $45.8 billion reduction in valuation, surpassing the inflows...