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BlackRock's $20B Bitcoin ETF Becomes World's Largest

1 min read
Source: Yahoo Finance
BlackRock's $20B Bitcoin ETF Becomes World's Largest
Photo: Yahoo Finance
TL;DR

BlackRock's iShares Bitcoin Trust has become the world's largest Bitcoin fund, amassing nearly $20 billion in assets since its US listing in January, surpassing the Grayscale Bitcoin Trust. The success of BlackRock's ETF highlights investor preference for institutional-grade products, while Grayscale has seen significant outflows due to higher fees and arbitrage exits.

Topics:businessfinance#bitcoin#blackrock#cryptocurrency#etf#finance#grayscale
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  1. BlackRock's $20 Billion ETF Is Now the World's Largest Bitcoin Fund  Yahoo Finance
  2. Treasury yields spike, Bitcoin and stocks fall: rate cuts in 2024 unlikely?  Kitco NEWS
  3. First Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC  CoinDesk
  4. Two BlackRock funds added the firm's IBIT spot bitcoin ETF to portfolio in Q1  The Block
  5. BlackRock's $20 Billion IBIT Fund Is World's Biggest Bitcoin (BTC) ETF  Bloomberg

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