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BlackRock crypto ETF on-chain holdings exceed grey release fund for the first time

BlackRock's ETF holdings surpassed grey release funds for the first time, according to Arkham data. BlackRock's ETF IBIT and ETHA on-chain holdings just surpassed grey release ETFs GBTC, BTC Mini, ETHE and ETH Mini to become the largest entity among collective holders. BlackRock's ETF holdings were $21,217,107,987, and grey release's ETF holdings were $21,202,480,698.