BlackRock Outshines Grayscale: Dominance Shift in Crypto Holdings Revealed
In the ever-evolving landscape of cryptocurrency investments, the exchange-traded funds (ETFs) market has recently witnessed a significant milestone BlackRock's cryptocurrency ETFs have edged past Grayscale's holdings, marking a pivotal moment in the race for digital asset dominance This transition underlines the shifting dynamics within the institutional investment sphere, highlighting BlackRock's ascending trajectory and the increasing appeal of its crypto offerings to investors BlackRock's crypto ETFs Surpass Grayscale's Holdings For the first time, BlackRock’s cryptocurrency ETFs, namely the bitcoin ETF (IBIT) and ethereum ETF (ETHA), have surpassed the on-chain holdings of Grayscale’s established funds, which include the Grayscale bitcoin Trust (GBTC) and Grayscale ethereum Trust (ETHE) As per the latest data, BlackRock's ETFs boast a staggering $21...
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