Cryptocurrency Q&A
Are Blackrock & grayscale's bitcoin spot ETFs leading in volume?
Are Blackrock & grayscale's bitcoin spot ETFs leading in volume?
SumoMighty
Tue Jul 09 2024
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7 answers
1574
Could you elaborate on the current market standing of BlackRock and Grayscale's Bitcoin spot ETFs in terms of volume? Are they indeed the leaders in this space? If so, what factors have contributed to their popularity and success? Are there any specific strategies or investments they've made that have propelled them ahead of their competitors? Furthermore, what does the future look like for these ETFs, and how might they continue to maintain or expand their market share?
7 answers
Dario
Thu Jul 11 2024
Many investors are unable or unwilling to hold physical bitcoin due to various reasons, such as security concerns or regulatory restrictions.
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ethan_lewis_journalist
Thu Jul 11 2024
On Thursday morning at 10:15 a.m. ET (15:15 UTC), BitMex Research revealed a significant trend in the cryptocurrency market.
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Raffaele
Thu Jul 11 2024
Grayscale and BlackRock's bitcoin spot ETFs were leading in terms of trading volume, indicating a surge in investor interest.
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ZenHarmony
Thu Jul 11 2024
Chung, a market analyst, commented on the phenomenon, stating that it reflects the untapped demand from investors seeking to gain bitcoin ownership.
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Sofia
Wed Jul 10 2024
However, through regulated financial products like ETFs, these investors can gain exposure to bitcoin without the need for direct custody.
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