James

<ul class="news-points"> 
 <li><strong>According to James Seyffart, the newly launched spot Bitcoin ETFs are growing significantly in volume and liquidity.</strong></li> 
 <li><strong>Seyffart showed that BlackRock and other ETFs are gradually catching up with Grayscale.</strong></li> 
 <li><strong>BlackRock recorded a daily volume of $480.8 million on January 26.</strong></li> 
</ul> 
<p>According to James Seyffart, a Research Analyst with Bloomberg, the newly launched <a href="https://coinedition.com/bitcoin-etfs-explained-everything-you-need-to-know/">spot Bitcoin ETFs</a> are growing significantly in volume and liquidity. In a recent post on X (formerly Twitter), Seyffart showed that BlackRock’s IBIT and other ETFs are gradually catching up with Grayscale’s GBTC.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Obviously don't have flows and full Volume numbers arent in yet for the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> ETFs, but today was a big day for BlackRock's <a href="https://twitter.com/search?q=%24IBIT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$IBIT</a>. Typically <a href="https://twitter.com/search?q=%24GBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$GBTC</a> is the far and away liquidity leader. Still the leader today but these other ETFs are catching up — particularly <a href="https://twitter.com/search?q=%24IBIT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$IBIT</a>. <a href="https://t.co/BIWE54PlxK" target="_blank" rel="nofollow">pic.twitter.com/BIWE54PlxK</a></p>— James Seyffart (@JSeyff) <a href="https://twitter.com/JSeyff/status/1750988313043906712?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 26, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>As shown in a screenshot shared by Seyffart, BlackRock recorded a daily volume of $480.8 million on January 26. That marked a significant growth in the product’s liquidity inflow, reflecting a notable comparison with the ever-impressive GBTC. On the same day…</p>
<p>The post <a href="https://coinedition.com/blackrock-and-other-etfs-are-catching-up-with-grayscale-research-analyst/">BlackRock and Other ETFs Are Catching Up With Grayscale: Research Analyst</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

BlackRock and Other ETFs Are Catching Up With Grayscale: Research Analyst

Coin Edition

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