BlackRock’s digital assets product scale fell from $79.6 billion a year ago to $48.8 billion by the end of Q2 2026, down nearly 39%. In the same period, the business recorded $15.1 billion in net inflows over the past 12 months, but this was offset by $45.8 billion in market depreciation. BlackRock said its digital assets products recorded $3.1 billion in net outflows in Q2. Over the same period, with Bitcoin and Ethereum prices falling, Bitcoin declined by more than 14% for the quarter, while Ethereum fell by about 25%. BlackRock plans to achieve $500 million in annual revenue from its digital assets business by 2030; currently, the business’s base fees and securities lending income are about $40 million. (CoinDesk)

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