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CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataLow Impact2d ago · Jun 10, 2026, 18:09 UTC·1 min read

BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market

BlackRock's IBIT and Fidelity's FBTC are attracting the vast majority of new bitcoin ETF money, leaving smaller funds increasingly sidelined as institutional investors consolidate around the industry's largest players.

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BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market

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