Ethereum

Bitcoin

James

BlackRock

<p>The post <a href="https://coinpedia.org/crypto-live-news/blackrock-takes-over-grayscale-as-the-largest-digital-asset-fund-manager-with-22b-holdings/" rel="noopener noreferrer nofollow">BlackRock Takes Over Grayscale As The Largest Digital Asset Fund Manager With $22B Holdings</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>BlackRock has taken over Grayscale as the largest digital asset fund manager in AUM. As highlighted by James Butterfill, BlackRock now holds over $22 billion in crypto, while Grayscale nears $21 billion. Butterfill points to $2.3 billion in outflows from ETHE as a key factor in this transition. Meanwhile, BlackRock has seen significant inflows, with $966 million netted for its spot Ethereum ETF. The competition between Grayscale and BlackRock narrows, with a $1.5 billion gap in their Bitcoin ETFs. GBTC leads with $18.7 billion in AUM, but ongoing outflows have allowed BlackRock’s IBIT to close in with $17.2 billion.</p>

BlackRock Takes Over Grayscale As The Largest Digital Asset Fund Manager With $22B Holdings

CoinPedia News

Other articles published on Aug 16, 2024

Analyst Predicts Altcoin Surge Following Bitcoin and Ethereum Milestones

NAKA Price Breaks Through Major Prolonged Resistance Level, Analyst Expects NAKA to Break Past $1...

Meet Colon: The True Father of All Doge Memecoins

North Korean Devs Used Fake Identities to Steal From Crypto Project: ZachXBT

Jimmy Wales Net Worth: A Breakdown of the Wikipedia Founder’s Financial Success

Ripple (XRP) Gears Up for Biggest Breakout Ever Says Top Trader Pushing Ethereum Tokens Higher

Join our free newsletter for daily crypto updates!