BlackRock crypto assets fall 39% to $48.8B as $45.8B in market losses overwhelm $15.1B in investor inflows.

Crypto ETF flows started the week on a weak note on Monday, July 13, with bitcoin ETFs posting $424.66 million in outflows.

BlackRock's digital asset funds attracted $15 billion in net inflows over the past year, but falling crypto prices drove the value of those holdings sharply lower.