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RE: LeoThread 2024-03-12 06:16

in LeoFinance • 2 months ago

🧵 1. BlackRock and Fidelity's bitcoin ETFs control 69% market share, overtaking Grayscale as dominant players in cumulative trading volume and assets under management. #crypto

2 months ago in LeoFinance by
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     2 months ago  

    🧵 2. Grayscale's market share fell to its lowest as BlackRock and Fidelity dominated trading volume on Friday, capturing nearly 80% of total assets under management.

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       2 months ago  

      🧵 3. BlackRock's bitcoin ETF represented nearly 47% of trading volume, while Grayscale's market share decreased to less than 20%, showcasing a changing landscape.

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         2 months ago  

        🧵 4. Grayscale's higher fees and competition from BlackRock and Fidelity mark a shift as these ETFs gather significant assets under management, surpassing GBTC size.

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