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BlackRock’s spot bitcoin exchange traded fund has garnered $16.7bn of assets since it launched four months ago, putting it less than $1bn behind market leader Grayscale, which enjoyed a 10-year and $28bn head start.
"That work was critically important . . . We believe the greatest opportunity in this space was around public blockchains"
https://www.ft.com/content/3b80713e-41d1-4965-900e-4bb37b1dbc2c
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