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Bitcoin ETF roundup: Fidelity and BlackRock join Grayscale in $1bn club
BLKBlackRock(BLK) Proactive Investors·2024-01-19 15:59

On the fifth day of bitcoin exchange-traded funds, the market gave to us, three funds with more than one billion dollars in assets under management out of the 11 that won regulatory approval for a stock market listing. Despite being slapped with more than $2.2 billion in net outflows, the Grayscale Bitcoin Fund (GBTC) remains the largest bitcoin ETF on the market by a significant margin with $23 billion in AUM. In second place is BlackRock Inc (NYSE:BLK)'s iShares Bitcoin trust (IBIT) with $1.2 billion in A ...