BlackRock’s spot Bitcoin (IBIT) and Ether (ETHA) ETFs have surpassed Grayscale’s crypto-focused funds in assets under management, making them the largest publicly traded crypto funds. As of today, BlackRock’s ETFs held over $21.217 billion in AUM, slightly ahead of Grayscale's $21.202 billion. While Grayscale’s GBTC and ETHE funds experienced significant outflows, losing $25 million and $42 million respectively, BlackRock’s ETFs saw modest inflows. Since January, Grayscale’s GBTC has lost $19.57 billion in BTC holdings, highlighting BlackRock's growing dominance in the market. Source: Coindesk