BlackRock's Bitcoin ETF Becomes World's Largest, Ethereum ETFs Near Launch
BlackRock's iShares Bitcoin Trust surpasses Grayscale, while new Ethereum ETFs gain traction with regulatory approvals.
- BlackRock's iShares Bitcoin Trust now holds nearly $20 billion in assets, overtaking Grayscale's Bitcoin Trust.
- The ETF has seen significant inflows, contributing to Bitcoin's price rally and increased market accessibility.
- Ethereum ETFs from BlackRock and other firms are set to launch soon, pending final regulatory approvals.
- Goldman Sachs and other financial institutions highlight the success and potential of Bitcoin and Ethereum ETFs.
- JPMorgan predicts lower demand for Ethereum ETFs compared to Bitcoin due to first-mover advantage and other factors.