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Fidelity is gaining on Blackrock for #1 position (ignoring Grayscale) and might soon overtake. I wonder if this growing popularity is perhaps partly because Fidelity is self-custodying while Blackrock is, like nearly all the other ETFs, having its custody managed by Coinbase. I'm not buying the ETFs but if I was I would avoid any ETF that was using Coinbase to hold coins.
Fidelity has a lot more retail customers and as much as Bitcoin is a populist phenomenon, that would explain a shift in momentum. Still not sure if I want to give these things any more attention. I'm much more interested to learn about spreads between these and p2p or even CEX.
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To someone who lost a game: "Wow, that's great. You got second!"
Fidelity is huge though, and they believe in bitcoin, so they'r probably pushing it to their customers unashamedly
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