For the first time, BlackRock's Bitcoin and Ethereum ETFs have now surpassed Grayscale ETF offerings in terms of assets under management (AUM). This achievement is due to the strong inflows into BlackRock's IBIT and ETHA since their inception.
However, Grayscale's GBTC and ETHE experienced heavy outflows despite the mini ETFs within their offerings registering inflows. Thus, while BlackRock is gaining traction, Grayscale is facing challenges in maintaining its AUM.
