BlackRock’s iShares Bitcoin Trust has overtaken its rival, the Grayscale Bitcoin Trust, to become the largest bitcoin exchange-traded fund in the world. + As of Tuesday, the iShares Bitcoin Trust, which trades under the ticker IBIT, had $19.68 billion in assets under management. + The Grayscale Bitcoin Trust, known by its ticker symbol GBTC, had $19.65 billion in assets under management.
Vicky Ge Huang is a Markets Reporter for The Wall Street Journal and Financial News, with her work also appearing in Yahoo Finance, MarketWatch, and Barron's. She specializes in covering topics related to cryptocurrencies, including Bitcoin and Ether, as well as the broader financial market. Vicky provides in-depth analysis, breaking news, and insights into the evolving landscape of digital currencies and their impact on traditional finance.