Just saw that BlackRock's Bitcoin ETF (IBIT) is starting to catch up to Grayscale's GBTC in daily trading volume.
Yesterday IBIT had $2M more volume than GBTC a few hours after opening. Pretty crazy since GBTC has dominated since the SEC approved spot Bitcoin ETFs on Jan 10.
Could this be the start of GBTC losing its top spot? Or just temporary?
What do you think? Will BlackRock overtake Grayscale? How might that impact Bitcoin price and adoption down the road?
Let me know what you guys think! I'm curious to hear your thoughts.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments