The Gap Between BlackRock and Grayscale’s Bitcoin ETFs Has Narrowed to $1.5 Billion

BlackRock and Grayscale are competing for the top spot in the Bitcoin ETF rankings. In the past two weeks, Grayscale's lead has been reduced by half. The gap between the two has now narrowed to $1.5 billion, and the current asset management scale of BlackRock funds is $17.2 billion. Previously, Eric Balchunas, senior ETF analyst at Bloomberg, predicted that IBIT will surpass GBTC by the end of April. It seems unlikely that this prediction will prove to be correct, but it may not be far from the target. (Decrypt)