BlackRock crypto ETFs overtake Grayscale
The SEC approved the first leveraged MicroStrategy ETF (MSTX); DOGS token listed on top exchanges; and BlackRock's crypto ETFs now surpass Grayscale in assets.
Leveraged MSTX ETF approved
US SEC approves the first leverage long MicroStrategy (MSTX) ETF, issued by Defiance. As we all know, MicroStrategy has been leveraging itself to buy Bitcoins, though they still run enterprise analytics software business. So essentially, this ETF is a higher leveraged BTC investment instrument.
DOGS listed on top CEX expect Binance
A few weeks ago, every TG user can claim free DOGS token. To acquire more active users, CEX has been actioning quickly with bonus. Now there's OKX (with pre-market futures then spot, https://www.okx.com/help/okx-to-list-dogs-dogs-for-spot-trading-and-deliver-pre-market-futures-for), Bybit, Biget, Gate... Not sure if Binance will follow to list DOGS?
BlackRock ETFs hold more BTC & ETH than Grayscale
According to Arkham info https://x.com/ArkhamIntel/status/1824402549744734230 BlackRock’s spot bitcoin (IBIT) and ether (ETHA) exchange-traded funds (ETFs) have flipped Grayscale’s products (GBTC, BTC Mini, ETHE and ETH Mini) for the first time to become the largest crypto-focused publicly traded funds in terms of assets under management.
- BlackRock ETF Holdings: $21,217,107,987
- Grayscale ETF Holdings: $21,202,480,698
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