Fidelity’s Bitcoin ETF Leads with $199 Million Net Inflow
- Fidelity’s Bitcoin ETF (FBTC) recorded a $199 million net inflow in one day, leading the spot Bitcoin ETF market.
- Total inflows into FBTC have reached $12.3 billion since its launch.
- Spot Bitcoin exchange-traded funds saw approximately $152 million in net inflows yesterday, with FBTC leading the group.
- Other funds by Grayscale, Bitwise, ARK Invest, Invesco, Franklin Templeton, and WisdomTree experienced positive flows.
- BlackRock’s IBIT faced $135 million in net outflows on the same day.
- Spot Ethereum ETFs attracted nearly $178 million in fresh investment, marking their strongest single-day haul since late October.
The recent influx of $199 million into Fidelity’s Bitcoin ETF highlights its dominance in the spot Bitcoin ETF market. Total investments into FBTC now stand at $12.3 billion. Meanwhile, BlackRock’s IBIT experienced significant outflows of $135 million.
Source (3.2)https://cryptobriefing.com/fidelity-bitcoin-etf-inflows/?rand=59535
