Fidelity and BlackRock Capture Lion's Share of Bitcoin ETF Inflows Due to Brand Power
• Fidelity and BlackRock's Bitcoin ETFs are leading in flows, capturing about 70% of total spot Bitcoin ETF inflows so far • Their distribution power and brand recognition is helping them dominate smaller issuers • Bitwise and ARK 21Shares Bitcoin ETFs also seeing strong initial demand, over $500 million each • Grayscale's Bitcoin Trust is only spot ETF seeing outflows due to much higher fees • Experts predict Fidelity and BlackRock will remain leaders long-term given sales forces and assets