Ethereum

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<ul class="wp-block-list news-points"> 
 <li>BlackRock surpasses Grayscale as the largest crypto fund manager, with over $21 billion in AUM.</li> 
 <li>Grayscale faces significant outflows, losing ground to BlackRock’s rapidly growing crypto ETFs.</li> 
 <li>BlackRock’s lower fees and brand strength attract investors, challenging Grayscale’s market dominance.</li> 
</ul>   
BlackRock’s ETFs have hit a major milestone in the cryptocurrency market. For the first time ever, BlackRock’s Bitcoin (IBIT) and Ethereum (ETHA) ETFs have surpassed Grayscale’s ETFs — including GBTC, BTC Mini, ETHE, and ETH Mini — in on-chain holdings.   
BlackRock’s ETF holdings now total an impressive $21.22 billion in assets under management (<a href="https://defillama.com/crypto-etf/bitcoin" target="_blank" rel="nofollow">AUM</a>). In comparison, Grayscale’s ETF holdings are slightly lower at $21.20 billion. This marks a turning point in the competition between these two financial giants, establishing BlackRock as the largest provider of crypto ETFs by collective holdings.   
This <a href="https://coinedition.com/grayscale-launches-bittensor-sui-crypto-funds/">shift is significant</a> because Grayscale has long dominated the cryptocurrency ETF market. However, BlackRock’s recent surge in ETF holdings has allowed it to overtake Grayscale, solidifying its position as a major player in the crypto space. The change i…
The post <a href="https://coinedition.com/blackrocks-crypto-etfs-outshine-grayscales-in-aum/">BlackRock’s Crypto ETFs Outshine Grayscale’s in AUM</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

BlackRock’s Crypto ETFs Outshine Grayscale’s in AUM

Coin Edition

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