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Breaking: BlackRock Bitcoin ETF Overtakes the Largest Silver Trust with $10B AuM


by CoinEdition
BlackRock Bitcoin ETF Overtakes Silver Trust
  • Bitcoin ETFs are rapidly moving up the commodity ETFs leaderboard.
  • BlackRock’s Bitcoin ETF overtook the largest silver trust in asset management size.
  • BlackRock Bitcoin ETF achieves a monumental $10.03 billion in AuM.

Exchange-traded funds (ETFs) based on Bitcoin are rapidly moving up the commodity ETFs leaderboard, knocking out the largest silver trusts, with the largest gold trusts next in line. Recent statistics released by HODL15Capital reveal a significant milestone for crypto, noting that Bitcoin spot ETFs have surpassed Silver ETFs in asset management size. 

In particular, BlackRock’s iShares BTC ETF has hit an asset under management (AuM) of $10.03 billion. On a year-to-date (YTD) scale, the figure represents a substantial 35.2% gain. 

Meanwhile, iShares Silver Trust (SLV) ranks lower with an AuM of $9.626 billion. This figure reflects a 4.8% decline on a YTD scale. Essentially, BlackRock Bitcoin ETF has overtaken the largest Silver Trust, with only gold trusts next to beat.

The post Breaking: BlackRock Bitcoin ETF Overtakes the Largest Silver Trust with $10B AuM appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Kazakhstan Launches Central Asia’s First Bitcoin ETF

Kazakhstan Launches Central Asia’s First Bitcoin ETF

Kazakhstan has become a unique player in the crypto space by being the first to launc...
Kazakhstan’s Fonte Capital Introduces Central Asia’s First Spot Bitcoin ETF

Kazakhstan’s Fonte Capital Introduces Central Asia’s First Spot Bitcoin ETF

The BETF fund, custodied by BitGo, will give investors in central Asia regulated, phy...

Breaking: BlackRock Bitcoin ETF Overtakes the Largest Silver Trust with $10B AuM


by CoinEdition
BlackRock Bitcoin ETF Overtakes Silver Trust
  • Bitcoin ETFs are rapidly moving up the commodity ETFs leaderboard.
  • BlackRock’s Bitcoin ETF overtook the largest silver trust in asset management size.
  • BlackRock Bitcoin ETF achieves a monumental $10.03 billion in AuM.

Exchange-traded funds (ETFs) based on Bitcoin are rapidly moving up the commodity ETFs leaderboard, knocking out the largest silver trusts, with the largest gold trusts next in line. Recent statistics released by HODL15Capital reveal a significant milestone for crypto, noting that Bitcoin spot ETFs have surpassed Silver ETFs in asset management size. 

In particular, BlackRock’s iShares BTC ETF has hit an asset under management (AuM) of $10.03 billion. On a year-to-date (YTD) scale, the figure represents a substantial 35.2% gain. 

Meanwhile, iShares Silver Trust (SLV) ranks lower with an AuM of $9.626 billion. This figure reflects a 4.8% decline on a YTD scale. Essentially, BlackRock Bitcoin ETF has overtaken the largest Silver Trust, with only gold trusts next to beat.

The post Breaking: BlackRock Bitcoin ETF Overtakes the Largest Silver Trust with $10B AuM appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Kazakhstan Launches Central Asia’s First Bitcoin ETF

Kazakhstan Launches Central Asia’s First Bitcoin ETF

Kazakhstan has become a unique player in the crypto space by being the first to launc...
Kazakhstan’s Fonte Capital Introduces Central Asia’s First Spot Bitcoin ETF

Kazakhstan’s Fonte Capital Introduces Central Asia’s First Spot Bitcoin ETF

The BETF fund, custodied by BitGo, will give investors in central Asia regulated, phy...