BlackRock has become the largest holder of cryptocurrency exchange-traded funds (ETFs), overtaking Grayscale. This shift was revealed by the crypto intelligence platform Arkham.
The data indicates that BlackRock, the world’s largest asset manager, now holds more crypto ETF assets compared to any other company, including Grayscale, which previously held the top position.
This development showcases BlackRock's significant influence in the crypto financial products market.
Source: bitcoinist.com ↗