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What Is the Fate of Altcoin ETFs Without BlackRock Presence?

In this year alone, Bitcoin Exchange Traded Funds (ETFs) have recorded net inflows of 26.9billion,perK33Research.Outofthismassiveflow,topassetmanagementfirmBlackRockaccountedforatotalof26.9 billion, per K33 Research. Out of this massive flow, top asset management firm BlackRock accounted for a total of 28.1 billion, covering the losses from other issuers, including Grayscale Investments. This outlook has prompted the question, “What is the fate of altcoin ETFs without BlackRock’s presence?” BlackRock Bitcoin and Ethereum ETFs Take Front Row Even though Bitcoin ETFs recorded $26.9 billion in net in ...