coinpedia
2024-05-15 05:22:37

BlackRock Poised to Overtake Grayscale as Largest Bitcoin Fund Manager

The post BlackRock Poised to Overtake Grayscale as Largest Bitcoin Fund Manager appeared first on Coinpedia Fintech News BlackRock is set to surpass Grayscale as the largest bitcoin fund manager, with its spot bitcoin ETF reaching $16.7 billion in assets in just four months. This rapid growth narrows the gap with Grayscale, which peaked at $28 billion. BlackRock’s shift towards cryptocurrencies reflects the growing demand from clients and the expanding digital asset market, …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.