BlackRock ETFs have gained the top spot among asset managers with the most digital assets under management (AUM) after a surge that brought the asset manager’s total holdings to $21.22 billion. ETF trading platforms such as ETFSwap (ETFS) are taking advantage of the boom by providing a straightforward method for swapping and trading these ETFs.
BlackRock ETFs Rise To Top Spot Of Digital Asset Managers
BlackRock takes the lead as the world’s largest asset manager, reaching an impressive milestone of $21.2 billion in digital assets under management (AUM). BlackRock’s Bitcoin ETF (IBIT) and Ethereum ETF (ETHA) have outperformed their counterparts, putting them ahead of Grayscale, which previously led in digital AUM.
Speaking about this achievement, Nate Geraci, the president of ETFStore highlighted in an X (formerly Twitter) post, the impressive $20.5 billion inflows that BlackRock’s iShares Bitcoin Trust (IBIT) recorded. According to Nate, the IBIT ETF has only recorded one day of outflows since its launch in January.
Another X post by blockchain analytics experts, Arkham Intel, provided insights into the difference between BlackRock’s and Grayscale’s holdings. BlackRock ETFs have $21.22 billion and Grayscale ETFs, $21.20 billion.
The impressive reports on BlackRock’s ETFs have garnered interest from top financial institutions. Morgan Stanley disclosed that it sold a $269.9 million position in GBTC and now holds 5.5 million shares of IBIT worth about $187.1 million. Goldman Sachs also disclosed that it holds about 7 million IBIT shares worth nearly $235 million.
As more institutions and retail investors flock into the crypto ETF trading world, ETFSwap (ETFS) offers advanced AI-advanced ETF tools that monitor the performance of these ETFs.
ETFSwap (ETFS) Has Joined The Growing Trend Of Trading Digital Assets
The growing institutional interest in digital assets has prompted ETFSwap (ETFS) to offer an efficient and seamless way for investors to transition into tokenized ETFs. As more tokens are converted into digital tokens on the blockchain, users can exchange and trade these tokens. Additionally, these transactions involve real-world assets, such as gold, oil, etc.
ETFSwap (ETFS) ensures that the transfer of ownership of these tokenized ETFs between users is executed instantly, creating a secure and reliable contract among users on the platform. This provides a means for financial investors to gain exposure without buying these tokens themselves. Also, it caters to the needs of crypto enthusiasts with an interest in tangible asset ETFs.
The seamless and fast transaction on ETFSwap (ETFS) is made possible by liquidity pools where users can add their assets to provide liquidity for trading. As such, investors can earn yields from trading fees as each ETF pool’s trading volume grows. With enough trading volume, traders can benefit from leveraged ETFs. Leveraging an ETF on the platform offers immense potential for users to heighten their returns up to 100 times their capital.
A major advantage of ETFSwap (ETFS) is the diversification of portfolios with significant holdings in various cryptocurrencies or crypto-related assets. This helps investors and traders weather the storms of the bearish season, reducing the risk associated with investing in individual crypto tokens.
ETFSwap’s (ETFS) technology has been praised by many analysts and is gaining popular interest in the crypto community. The security considerations, however, are valid reasons for skepticism in the public’s minds. To resolve this, the ETFSwap’s (ETFS) team conducted security audits to find significant vulnerabilities by Cyberscope, a cybersecurity auditing firm. The team also completed KYC verification by SolidProof, a smart contract security auditing firm.
Conclusion
ETFSwap (ETFS) is holding a presale of its native coin at an impressive price of $0.01831. For investors interested in joining the opportunity, the platform offers a 50% discount with a promo code of “ETFS50”.
For more information about the ETFS Presale: