BlackRock's IBIT surpasses Grayscale's GBTC as the largest Bitcoin ETF with $102.5 million in inflows. As of May 28, IBIT holds 288,670 BTC compared to GBTC's 287,450 BTC. BlackRock’s Bitcoin ETF now leads the market.
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again.
BlackRock’s spot Bitcoin exchange-traded fund has reportedly surpassed the Grayscale Bitcoin Trust as the world’s largest exchange-traded fund tracking the price of Bitcoin.) held, compared to Grayscale, which now holds 287,450 Bitcoin, despite beginning at 620,000 Bitcoin at the time of its conversion in January, according tothe fund held $19.68 billion of Bitcoin as of Tuesday, while Grayscale held $19.65 billion. Fidelity’s ETF offering trailed at $11.1 billion.
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Grayscale's GBTC spot bitcoin ETF sees $63 million of inflows, ending 78-day outflow streakThe U.S. spot bitcoin ETFs registered their first daily net inflows since April 23 and the largest since March 13, totaling $378.3 million.
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Grayscale spot bitcoin ETF inflows may be result of short-term trading: Bloomberg ETF analystBloomberg's James Seyffart offers some theories as to why Grayscale's spot bitcoin ETF logged inflows two days straight.
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Grayscale ETF Records First Day of Inflows EverGBTC finally delivered value as Bitcoin ETFs saw net inflow of $378 million on Friday
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Ethereum bulls await ETF approval as BlackRock, Bitwise, Grayscale submit amended ETH ETF filingsEthereum (ETH) is trading sideways on Wednesday as BlackRock, Bitwise and Grayscale submitted their amended 19b-4s filings to the Securities & Exchange Commission (SEC).
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