7 Crypto Stats that Prove it is Mainstream.

(Bloomberg) — A run for the exits by investors in levered exchange-traded funds on Friday exacerbated the largest single-day stock market selloff since April, according to strategists at JPMorgan Chase & Co.

 » Read more about: JPMorgan Blames Pace of Friday’s Stock Selloff on Levered ETFs  »

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 » Read more about: SCHD & FNDB: 2 Schwab ETFs to Boost Retirement Income  »

BlackRock’s iShares exchange-traded funds (ETFs) helped power the asset manager to a strong quarter of earnings and revenue, underscoring the continued momentum behind its crypto-related products as institutional demand accelerates.

The iShares platform, which includes more than 1,400 ETFs globally, attracted a record $205 billion in total net inflows in the third quarter,

 » Read more about: BlackRock sees record quarter for iShares ETFs as Bitcoin, Ether demand surges  »

US stocks turned mixed on Tuesday after China upped the ante in its trade spat with the US, while investors digested the kickoff of third-quarter earnings season from Wall Street’s banking giants.

The Dow Jones Industrial Average (^DJI) flipped into the green,

 » Read more about: Stock market today: S&P 500, Nasdaq slide as US-China tensions simmer; Dow steadies as big banks report  »