$BTC
$ETH
🚨 BlackRock achieves massive revenues from crypto funds
📊 BlackRock's exchange-traded funds (ETFs) in Bitcoin and Ethereum generated annual revenues estimated at $260 million:
🟢 Bitcoin: $218 million
🟢 Ethereum: $42 million
🔹 BlackRock's share of the Bitcoin ETF market in America reached 57.5% with total assets approaching $85 billion, significantly leading the market over Fidelity, which manages $22.8 billion (15.4%).
💡 These results may encourage more traditional financial institutions to launch regulated crypto products
$ETH
🚨 BlackRock achieves massive revenues from crypto funds
📊 BlackRock's exchange-traded funds (ETFs) in Bitcoin and Ethereum generated annual revenues estimated at $260 million:
🟢 Bitcoin: $218 million
🟢 Ethereum: $42 million
🔹 BlackRock's share of the Bitcoin ETF market in America reached 57.5% with total assets approaching $85 billion, significantly leading the market over Fidelity, which manages $22.8 billion (15.4%).
💡 These results may encourage more traditional financial institutions to launch regulated crypto products