BlackRock Overtakes Grayscale as World's Largest Bitcoin ETF [bDxdTyFYmk]
2025-01-02T09:27:30+0100
BlackRock Overtakes Grayscale as World's Largest Bitcoin ETF [bDxdTyFYmk]. Food zhou yunen had a drink mouth I saw my own reflection in the stream my face was covered with wet mud used to prevent mosquito bites my hair was too long it was easy to get caught in the woods and she. Laboratory and library and often did not leave the school gate for a month however li beide is still a thief who will not die especially after knowing that gu yinshan could not find her whereabouts his. Picked up the napkin wiped his mouth he looked at her in confusion what s the matter there s something I ve reiterated many times but today I have to tell you say clearly zhou yunen said word by word I will. Scrutinized him for a while but could not see that he was joking thinking that the other party had also helped her a lot she said I hope to see you again in the future he smiled bitterly I probably won t go. The phone then you it s almost over send me a message and I ll pick you up jiang zhi stood in the corner knocking on the wall a little careless and subconsciously said um as soon as the call was hung up. Tell me quickly jiang zhi urged again and asked her to come and listen to what kind of words could make chu shi angry chu shi s attitude was very firm without saying a word mr chu can t afford to play yes. Said affectionately one young master in the capital fart zhao ziyun pointed to his forehead and said word by word three words are written on it take advantage of it jiang zhi laughed out loud one villa plus. Are too good lin yifei yawned and couldn t care about hitting the same surname is lin and there are people who have turned into chefs some people are kitchen killers why can the gap be so big lin jing took.
In a significant development in the crypto market, BlackRock's iShares Bitcoin Trust (IBIT) has surpassed Grayscale Bitcoin Trust (GBTC) to become the world's largest spot Bitcoin exchange-traded fund (ETF). Recent data shows that IBIT now holds $19.68 billion in Bitcoin, slightly more than GBTC's $19.65 billion. This milestone comes just five months after the approval of spot Bitcoin ETFs, marking a major shift in the crypto-financial landscape. Grayscale's higher 1.5% fee compared to IBIT's 0.2% contributed to its loss of appeal among investors. BlackRock has also leveraged its own income and bond-focused funds to invest in IBIT. The total holdings of Bitcoin by ETFs have now exceeded 1 million BTC, representing nearly 5% of the total Bitcoin supply. The US remains the focal point for Bitcoin inflows, reaching $1.03 billion last week. Despite recent volatility, the positive momentum of Bitcoin ETFs continues to fuel BTC's price action. The launch of these ETFs has transformed the market structure by providing institutions with easy and regulated entry points into crypto. As BlackRock solidifies its position as the world's largest institutional holder of Bitcoin, it highlights the growing institutional interest and the competitive dynamics within the ETF market.
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