Summary
WisdomTree’s BTCW has the lowest amount of assets under management (AUM) among the ten bitcoin ETFs, with roughly $12.8 million. Franklin Templeton is second with $64.5 million. BlackRock and Fidelity lead with over $3 billion and $2.7 billion in AUM, respectively. Grayscale, which converted its Grayscale Bitcoin Fund (GBTC) into an ETF, started with $30 billion in AUM but has lost about $10 billion since ETF trading began on January 11th.
Key Points
1. WisdomTree’s BTCW has the lowest amount of assets under management (AUM) among the ten bitcoin ETFs, with approximately $12.8 million (296 bitcoin) in AUM.
2. Franklin Templeton is the second lowest in AUM among the bitcoin ETFs, with $64.5 million.
3. BlackRock and Fidelity are leading the way in asset gathering, with BlackRock having more than $3 billion in AUM and Fidelity having $2.7 billion in AUM.