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      BlackRock's Q3 digital assets reach $79.6 billion, up 63% quarter-over-quarter

      PANews reported on October 14, citing CoinDesk, that BlackRock's third-quarter earnings report showed digital asset funds attracted $7.9 billion in inflows during the third quarter, reversing roughly $2.2 billion in outflows in the first half of the year. Digital assets under management stood at $79.6 billion at the end of September, up $30.8 billion from $48.8 billion at the end of June, an increase of 63%; of which $22.9 billion of the growth was attributed to rising cryptocurrency prices. Despite the rebound, BlackRock's digital asset holdings remain 23% lower than a year ago.


      Source: PANews
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