The spot Bitcoin ETF of BlackRock, one of the world’s largest asset managers, surpassed the Grayscale giant.
iShares Bitcoin Trust (IBIT), founded by BlackRock, after ETFs began trading on January 11 in terms of transaction volume Grayscale became the first name to surpass Bitcoin Trust (GBTC).
BlackRock’s spot Bitcoin ETF closed in total on February 1, according to Bloomberg data. 301 million dollar transaction volume saw. On the other hand, the transaction volume of the Grayscale Bitcoin Trust fund $290 million remained at the level.
Fidelity Wise Origin Bitcoin Fund is the largest fund after Grayscale and BlockRock funds. $170 million It attracted volume.
Spot Bitcoin ETFs overall in total 924 million dollars transaction volume noted. Thus, for the first time after ETFs began trading, they were 1 billion dollar transaction volume has fallen below.