BlackRock now ahead of Grayscale in terms of ETF holdings
As noted by the firm, BlackRock’s ETFs, IBIT and ETHA, have now surpassed Grayscale's products, including the firm's scaled-down"mini" versions of its ETF. The two major ETF players are currently at $21.217 billion and $21.202 billion. , BlackRock's groundbreaking trailblazing IBIT is now expected to become the largest single holder of the leading cryptocurrency, surpassing none other than Satoshi Nakamoto.
On Thursday, Bitcoin ETFs recorded $11.1 million worth of inflows. This came after these products broke their inflow streak on Wednesday with $81.4 million worth of outflows.in the second quarter of the year. Unsurprisingly, IBIT and Fidelity's FBTC experienced substantial growth. Notably, Paul Tudor Jones acquired $30 million of IBIT shares in the second quarter.
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