КриптоИскатель(@КриптоИскатель)'s insights

--・1.3k views

See original

🚀BlackRock's IBIT overtook Grayscale's GBTC to become the largest Bitcoin ETF in the US!💰 IBIT now manages nearly $20 billion worth of Bitcoin, while GBTC manages $19.7 billion. - On May 28, BlackRock included a Bitcoin ETF in its income and bond funds. - The development, which comes nearly five months after the approval of spot Bitcoin ETFs, marks a significant milestone in crypto-financial products. Grayscale charges a 1.5% fee for the GBTC ETF, which is significantly higher than BlackRock's IBIT. As a result, Grayscale is gradually losing its appeal to investors who prefer the lower fees offered by IBIT. 📈IBIT buying activity has recently increased due to bullish sentiment for Bitcoin and the broader crypto market. What are your thoughts on this? Leave your comment below! 👇

🚀BlackRock's IBIT overtook Grayscale's GBTC to become the largest Bitcoin ETF in the US!💰
IBIT now manages nearly $20 billion worth of Bitcoin, while GBTC manages $19.7 billion. 
- On May 28, BlackRock included a Bitcoin ETF in its income and bond funds. 
- The development, which comes nearly five months after the approval of spot Bitcoin ETFs, marks a significant milestone in crypto-financial products.
Grayscale charges a 1.5% fee for the GBTC ETF, which is significantly higher than BlackRock's IBIT. As a result, Grayscale is gradually losing its appeal to investors who prefer the lower fees offered by IBIT. 
📈IBIT buying activity has recently increased due to bullish sentiment for Bitcoin and the broader crypto market. 
What are your thoughts on this? Leave your comment below! 👇