Key Highlights: Institutional investors allocated a net $7.9 billion to BlackRock’s digital asset offerings during the third quarter, reversing first-half outflows. Total digital assets under management reached $79.6 billion, down 23% from $104 billion a year earlier due to broad crypto market depreciation. BlackRock brought in $39 million in fees and securities lending revenue from ...
Key Highlights Grayscale Zcash Trust (ZCSH) nears $1 billion in assets under management, marking a major milestone for the first U.S. exchange-traded product offering direct ZEC exposure. Fund growth is driven by a combination of new investor inflows and a sharp rise in the market value of ZEC tokens held by the trust. Launched on ...
Binance bStocks Surpass $500 Million AUM as Exchange Doubles Down on Community-Driven Development Binance has announced a significant milestone for its tokenized stock product, bStocks, which has now surpassed $500 million in assets under management. The achievement comes alongside a series of new feature announcements that underscore the exchange’s strategic pivot toward deeper community engagement ...