Arkham

Time

BlackRock

<ul class="wp-block-list news-points"> 
 <li>BlackRock’s crypto ETFs have surpassed Grayscale’s holdings for the first time.</li> 
 <li>BlackRock assets reach $21.22 billion compared to Grayscale’s $21.20 billion.</li> 
 <li>Grayscale’s GBTC and ETHE continue to experience substantial outflows.</li> 
</ul>   
In a remarkable turn of events in the <a href="https://coinedition.com/bitcoin-etfs-gain-favor-with-advisors-hedge-funds-less-enthusiastic/">ETF market,</a> BlackRock’s ETFs have overtaken Grayscale’s holdings. According to data from Arkham Intelligence, BlackRock’s ETFs—specifically IBIT (Bitcoin ETF) and ETHA (Ethereum ETF)—now hold more assets on-chain than Grayscale’s well-established funds, including GBTC (Grayscale Bitcoin Trust) and ETHE (Grayscale Ethereum Trust).   
As of the latest <a href="https://x.com/ArkhamIntel/status/1824402549744734230" target="_blank" rel="nofollow">update</a>, BlackRock’s ETF holdings stand at an impressive $21.22 billion, narrowly surpassing Grayscale’s $21.20 billion. This marks the first time BlackRock’s collective holdings have exceeded those of Grayscale, which has long been a leading force in the cryptocurrency ETF space.   
<figure class="wp-block-embed aligncenter 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">
 BLACKROCK ETF HOLDINGS OVERTAKE GRAYSCALE FOR THE FIRST TIME BlackRock’s ETFs IBIT and ETHA have just overtaken Grayscale’s ETFs GBTC, BTC Mini, ETHE and ETH Mini in on-chain holdings. Blackrock ETFs now have the largest collective holdings of any provider.…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/blackrock-etfs-surpass-grayscale-in-on-chain-holdings-for-the-first-time/">BlackRock ETFs Surpass Grayscale in On-Chain Holdings for the First Time</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

BlackRock ETFs Surpass Grayscale in On-Chain Holdings for the First Time

Coin Edition

Other articles published on Aug 18, 2024

Analis Prediksi Reli Kuat pada Harga SHIB di 2025, Berapa Targetnya?

Federal Reserve about to have its toughest week yet

Coinbase launches $15K AI wallet grants

Net outflow of spot Bitcoin ETFs hit $169 million on August 9

Trump’s Pussy (TRUMPPUS) Memecoin to Skyrocket 18,000% Before Exchange Listings, While Shiba Inu ...

PayPal Dorong Pertumbuhan PYUSD di Solana dengan Insentif Baru

Join our free newsletter for daily crypto updates!