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Just noticed BlackRock's spot Bitcoin ETF is pulling in serious demand - ranking in the top 5 among all the options out there right now. Pretty wild considering how many players jumped into this space over the past year. Looks like institutional money is really voting with their wallets on this one. The first mover advantage BlackRock had when they launched is definitely paying off. Not saying it means anything for price action, but it's interesting to watch how the institutional side of crypto is consolidating. The first mover narrative in Bitcoin ETFs seems to be holding up better than people expected.