**🚨 Market Update: BlackRock Surpasses Grayscale for Largest Spot Bitcoin ETF 🚨**

BlackRock’s IBIT has overtaken Grayscale’s GBTC to become the largest spot Bitcoin ETF in the U.S. A $102 million inflow on Tuesday pushed IBIT's holdings to nearly $20 billion, while GBTC saw $105 million in outflows, bringing its total to $19.7 billion. Since January, IBIT has attracted $16.5 billion, contrasting with $17 billion withdrawn from GBTC. BlackRock recently integrated IBIT into its income and bond-focused funds, further boosting its appeal amid a bullish crypto market.

#Bitcoin #ETF #CryptoNews #Binance