The largest bitcoin (BTC) asset management product is Grayscale, which runs a $19 billion BTC trust (GBTC), but its dominant position may be under threat following news that investment giant Blackrock (BLK) has filed for a spot bitcoin exchange-traded-fund (ETF) in the U.S., Bernstein said in a research report Monday.
Related posts
-
US Bitcoin ETFs Close In on Satoshi’s BTC Stash, Holding 924,768 BTC
Since Jan. 11, 2024, twelve U.S. spot bitcoin exchange-traded funds (ETFs) have been steadily accumulating bitcoin... -
The real winner of the 2024 US elections will be crypto
Disclosure: The views and opinions expressed here belong solely to the author and do not represent... -
Cryptoquant CEO Expects Crypto Market to Skyrocket With CZ’s Return — ‘Bullish Vibes Everywhere’
Cryptoquant’s chief executive has expressed optimism about the return...