Key Takeaways
- • BlackRock's crypto funds rose 63% in the third quarter to $79.6 billion, up from $48.8 billion, with $7.9 billion of net new inflows over three months, according to The Cryptonomist as cited in the release.
- • The figure remains about 23% below the year-earlier level of roughly $104 billion, per Altcoinbuzz, while Bitcoin trades near $82,080, about 36% under its $126,198 record.
- • BlackRock's total assets under management stand at $15.49 trillion, with crypto representing a small share of that total.
- • TAO trades near $277, down 6.81% over 24 hours, and SUI near $1.03, down 7.22%, with both still far below their all-time highs.
- • This release is a paid promotional piece for the Pepeto presale; its staking yield and price claims are unverified marketing assertions and should not be treated as independent analysis.
Summary
BlackRock's crypto funds reached $79.6 billion at the end of the third quarter, according to results reported October 14 and cited by The Cryptonomist. The total rose 63% from $48.8 billion in three months, reflecting $7.9 billion of new investor money, per the same reporting. Altcoinbuzz noted that the total remains 23% below its level of about $104 billion a year earlier, when Bitcoin set its record high of $126,198. BlackRock manages $15.49 trillion in total assets, and crypto remains a small portion of that book.
Bitcoin traded near $82,080 on CoinMarketCap at the time of the article, roughly 36% below its record. The gap between fund inflows and spot prices is the central tension in the piece: capital is returning to regulated crypto vehicles faster than prices have recovered.
The article also covers two altcoins. TAO, the Bittensor token, traded near $277, down 6.81% over 24 hours, with a market value near $3.02 billion, about 66% below its April 11, 2024 record of $767.68. On October 9, CryptoTicker reported that Grayscale's Bittensor Trust added Prime as a second custodian, a development the article says could ease institutional holding. SUI traded near $1.03, down 7.22% over 24 hours, with a value near $4.04 billion. Blockchain.News reported on October 15 that SUI had broken a $1.0552 level marked by analyst Parshwa Turakhiya, and SUI sits about 5.5x below its $5.35 record set January 6, 2025.
The source is an openPR press release promoting the Pepeto presale, which claims more than $11.2 million raised and staking yields of 160% APY that it states are variable and not guaranteed. These claims are the publisher's own and are not independently verified; the piece also carries a standard investment risk disclaimer.
Bitcoin traded near $82,080 on CoinMarketCap at the time of the article, roughly 36% below its record. The gap between fund inflows and spot prices is the central tension in the piece: capital is returning to regulated crypto vehicles faster than prices have recovered.
The article also covers two altcoins. TAO, the Bittensor token, traded near $277, down 6.81% over 24 hours, with a market value near $3.02 billion, about 66% below its April 11, 2024 record of $767.68. On October 9, CryptoTicker reported that Grayscale's Bittensor Trust added Prime as a second custodian, a development the article says could ease institutional holding. SUI traded near $1.03, down 7.22% over 24 hours, with a value near $4.04 billion. Blockchain.News reported on October 15 that SUI had broken a $1.0552 level marked by analyst Parshwa Turakhiya, and SUI sits about 5.5x below its $5.35 record set January 6, 2025.
The source is an openPR press release promoting the Pepeto presale, which claims more than $11.2 million raised and staking yields of 160% APY that it states are variable and not guaranteed. These claims are the publisher's own and are not independently verified; the piece also carries a standard investment risk disclaimer.
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