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cryptonews 2024-02-02 21:22:04

BlackRock’s Bitcoin ETF Surpasses Grayscale In Daily Trading Volume

The Grayscale Bitcoin Trust (GBTC) was overtaken in daily trading volume by BlackRock’s Bitcoin ETF for the first time on Thursday, highlighting the legacy fund’s shrinking dominance over the Bitcoin (BTC) market. The iShares Bitcoin Trust (IBIT) processed $300 million in trades, versus $290 million from GBTC, according to Bloomberg Intelligence. On flows, data from The post BlackRock’s Bitcoin ETF Surpasses Grayscale In Daily Trading Volume appeared first on Cryptonews .

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