Loading...
Loading...
Browse all stories on DeepNewz
VisitWhich will have a higher percentage gain in AUM by the end of 2024, BlackRock's IBIT or Grayscale's GBTC?
BlackRock's IBIT • 25%
Grayscale's GBTC • 25%
Both have equal gain • 25%
Neither gain • 25%
Official financial reports from BlackRock and Grayscale or reputable financial news outlets
BlackRock's iShares Surpasses Grayscale as Largest Digital Asset Fund Manager with $21.2 Billion in ETFs
Aug 16, 2024, 11:11 AM
BlackRock's iShares has surpassed Grayscale to become the largest digital asset fund manager by total assets under management (AUM). This shift is attributed to the gains in BlackRock's Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), specifically the IBIT and ETHA funds, which have overtaken Grayscale's GBTC, BTC Mini, ETHE, and ETH Mini in on-chain holdings. BlackRock's ETFs now hold the largest collective holdings of any provider, with a reported $21.2 billion in assets. This marks the first time BlackRock has surpassed Grayscale in this sector, a transition that occurred more quickly than expected according to CoinShares' Research Head, James Butterfill.
View original story
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Vanguard Bitcoin ETF • 25%
Fidelity Bitcoin ETF • 25%
ARK Invest Bitcoin ETF • 25%
Other • 25%
No • 50%
Yes • 50%
BlackRock's IBIT • 25%
Grayscale's ETHE • 25%
Grayscale's GBTC • 25%
BlackRock's ETHA • 25%