@svetik007.eth
BlackRock is ahead of Grayscale in the status of the largest issuer of crypto-ETFs
According to Arkham, BlackRock currently holds a leading position in terms of digital currencies in the market of spot exchange-traded crypto funds.
ETFs from BlackRock under the ticker I BEAT and THE accumulated $21.3 billion.
It took BlackRock only half a year to become a leading player. The first branded crypto-ETF tracking the performance of bitcoin appeared on the US market in January 2024.
BlackRock has already bypassed the old-timer Grayscale. Arkham also emphasizes that BlackRock's AUM indicates that so far no company is able to compete with this giant in the crypto market.