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UPDATE: GRAYSCALE'S SPOT BITCOIN ETF MARKET SHARE DIPS BELOW 50% FOR THE FIRST TIME SINCE ITS LAUNCH
GBTC’s total #Bitcoin ETF market share has slumped below 50% for the first time. https://t.co/WZhBW4mqFh
🚨 Grayscale's share of #Bitcoin ETF AUM just fell below 50% 👀🔥 https://t.co/mArHXzFEna
BlackRock and Fidelity's spot bitcoin ETFs have significantly impacted the Bitcoin ETF market, capturing 69% of the market share and diminishing Grayscale's dominance. For the first time since its launch, Grayscale's share of Bitcoin ETF assets under management (AUM) has fallen below 50%, marking a significant shift in the competitive landscape of cryptocurrency investments.
