BlackRock and Fidelity Dominate US Bitcoin ETF Holdings, Reshaping Crypto Investing Landscape

A significant shift in the U.S. Bitcoin ETF market is underway as BlackRock and Fidelity solidify their grip on the sector. These Wall Street giants now control a majority of Bitcoin ETFs, signifying their increasing influence over crypto investing trends. The recent surge in institutional investment has propelled U.S. Bitcoin spot ETFs to reach an unprecedented 1.25 million BTC in holdings, according to data compiled as of August 17, 2025.