BlackRock Bitcoin ETF Gains Dominance Over GBTC

Since its introduction, BlackRock’s Bitcoin ETF has rapidly gained a larger market share than the long-standing leader, Grayscale’s Bitcoin Trust (GBTC). This shift indicates a significant realignment within the cryptocurrency investment landscape, as investors increasingly opt for ETFs which offer greater transparency, liquidity, and regulatory oversight. The success of BlackRock’s ETF also highlights the growing mainstream acceptance of Bitcoin as a legitimate investment class and may encourage more institutional investors to enter the crypto market. Read more at Decrypt