Investors 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.
