BlackRock's Bitcoin ETF Becomes World's Largest Amid Market Volatility
TL;DR Summary
BlackRock's iShares Bitcoin Trust has become the world's largest bitcoin fund, surpassing Grayscale Bitcoin Trust with nearly $20 billion in assets since its January launch. The shift follows the approval of new bitcoin ETFs by U.S. regulators, leading to significant asset inflows from wealth managers and financial advisors into BlackRock's ETF.
- BlackRock's ETF becomes largest bitcoin fund in world, Bloomberg News reports Yahoo Finance
- BlackRock's $20 Billion ETF Is Now the World's Largest Bitcoin Fund Yahoo Finance
- First Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC CoinDesk
- Two BlackRock funds added the firm's IBIT spot bitcoin ETF to portfolio in Q1 The Block
- Cryptos down, stocks mixed as inflation and recession concerns return Kitco NEWS
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