BlackRock’s iShares Bitcoin Trust has become the world’s largest fund for the original cryptocurrency, amassing almost US$20 billion in total assets since listing in the United States at the start of the year.
The spot bitcoin exchange-traded fund (ETF) held US$19.68 billion of the token on Tuesday, dethroning the US$19.65 billion Grayscale Bitcoin Trust, data compiled by Bloomberg show. The third largest is the US$11.1 billion offering from Fidelity Investments.
Source: TRADE FINANCE
