BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market
When U.S. spot bitcoin exchange-traded funds (ETFs) launched in January 2024, investors had more than a dozen funds to choose from. BlackRock, Fidelity, Ark Invest, Bitwise, VanEck, Franklin Templeton and several others entered what many expected would become a fiercely competitive market. Eighteen months later, the battle increasingly looks like a two-player race. Data shows...
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