Grayscale’s Bitcoin Fund Is About to Get BlackRock’ed
IBIT catches up to GBTC
Grayscale Bitcoin Trust ETF (GBTC) signage on the floor of the New York Stock Exchange (NYSE).
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BlackRock has a familiar playbook when it comes to new asset classes in the ETF wrapper: you don’t have to necessarily be first in a category if you launch with a rock-bottom fee and bring the full force of your distribution might. It’s looking like the spot Bitcoin ETF experience will be no different.