Blackrock Sees Explosive Growth in Crypto-Based ETFs

BlackRock’s strong Q3 results showcase the growing demand for crypto exposure within the world’s largest asset manager. Driven by record inflows to its iShares platform, particularly a surge in digital asset funds, the firm witnessed $205 billion in net inflows during the third quarter alone – a figure exceeding any previous historical milestone. Traditional products remain crucial to BlackRock’s business model, but crypto-focused funds have rapidly gained traction.