It turns out that whether it is Bitcoin or other assets, as long as they are compiled into ETFs, BlackRock seems to be invincible.

Data shows that GBTC, owned by Grayscale, the world's largest Bitcoin fund, experienced its largest outflow in two weeks on Tuesday, Eastern Time, with a total of $105.2 million withdrawn, equivalent to about 1,530 Bitcoins.

At the same time, BlackRock's Bitcoin ETF IBIT has inflows of $101.9 million, and has now surpassed GBTC to become the world's largest Bitcoin ETF, holding Bitcoin worth $19.795 billion, equivalent to about 288,670 Bitcoins. In comparison, GBTC holds Bitcoin worth $19.758 billion.

Since the approval of the Bitcoin spot ETF in January, GBTC’s assets have lost more than half. GBTC’s 1.5% fee has led to continued outflows, and Grayscale CEO Michael Sonnenschein unexpectedly resigned more than a week ago.

So, after taking over the crown of the world's largest Bitcoin ETF, BlackRock CEO Larry Fink can focus on the one asset he really pursues - Ethereum. Ethereum just received approval for a spot ETF last weekend, and BlackRock is expected to dominate the market for the second largest cryptocurrency soon. It is expected that by 2025, with Larry Fink's support, the price of Ethereum will reach $14,000.