Out of the ten bitcoin ETFs, WisdomTree’s BTCW has attracted the lowest amount of assets under management (AUM), roughly $12.8 million (296 bitcoin), according to Bloomberg Intelligence data. Asset management giant Franklin Templeton has the second lowest AUM with $64.5 million. Leading the way in asset gathering are BlackRock (more than $3B AUM) and Fidelity ($2.7B AUM). Grayscale, who converted its Grayscale Bitcoin Fund (GBTC) into an ETF and therefore came into the race with $30 billion in AUM, has bled about $10 billion of that since ETF trading began on Jan. 11.
Related posts
-
Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon?
Bitcoin has seen continuous bullish momentum in recent weeks resulting in the asset’s consistent new highs.... -
Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day
On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently,... -
California Court Allows Coinbase to Delist Wrapped Bitcoin
Coinbase has successfully fended off a restraining order sought by BiT Global as a California court...