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Live updates: Bitcoin tumbles more than 1% after disappointing inflation report — SkimNews

By CoinDesk · Summarized & edited by · 2026-10-14
Live updates: Bitcoin tumbles more than 1% after disappointing inflation report

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Why it matters: BlackRock, the world's biggest ETF issuer, pulled $7.9 billion of new crypto money in a single quarter and booked $39 million in fees, but the headline AUM rebound is mostly a price-appreciation story — $22.9 billion of the $30.8 billion quarterly gain came from rising crypto prices, not net new money. The AUM figure remains 23% below year-ago levels, signaling institutional crypto demand has rebounded from the first-half trough but has not yet matched its prior peak.

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