Grayscale's $BTC holdings are on the verge of being overtaken by Fidelity, while BlackRock is set to become the largest ETF holder of $BTC. The amount of $BTC being bought by ETFs has leveled off quietly, indicating that Wall Street funds have already accumulated significant holdings. The market seems to be in a quiet phase, waiting for $BTC to make a big move, likely triggered by a wave of FOMO buying from both institutions and retail investors who are still hesitant.
