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FTX crisis bruises BlackRock, VanEck: ‘Crypto industry will need to work twice as hard to rebuild bridges’
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fnlondon.comInvestors in BlackRock’s and other firms’ crypto products saw values plunge on 9 November as the embattled digital assets industry reeled afresh from a crisis engulfing crypto giant FTX.
BlackRock’s iShares Blockchain and Tech exchange-traded fund, which it launched earlier this year, was down 7.3% on 9 November for the 24 hours previous, according to its website. VanEck’s bitcoin strategy ETF was down 13% for the same period on 10 November.
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Read more on fnlondon.comAbout this in other media
Experts Say This Crypto Signals Platform Could Have Predicted the FTX Crash Using Real-Time Data and Analytics – How Does it Work? cryptonews.com /2 years ago
FTX crisis leads to record inflows into short-investment products cointelegraph.com /2 years ago
Bank of England’s Jon Cunliffe doubles down on need for crypto regulation after FTX crisis fnlondon.com /2 years ago
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