Cumberland and Flow Traders Move Big into Fidelity's Bitcoin ETF Leading crypto market makers Cumberland and Flow Traders have injected a significant amount of Bitcoin (BTC) into Fidelity's physically-backed exchange-traded fund (ETF), FBTC. According to data from blockchain analytics firm Arkham Intelligence, Cumberland's suspected address transferred 87.245 BTC (approximately $5.6 million) to FBTC, while Flow Traders' suspected address contributed 175 BTC (approximately $11.14 million). This substantial investment highlights the growing institutional adoption of Bitcoin and the increasing popularity of physically-backed ETFs. Fidelity's FBTC ETF offers investors exposure to the underlying asset without the complexities of directly holding cryptocurrency. This move by Cumberland and Flow Traders signals their confidence in the long-term prospects of Bitcoin and the growing role of ETFs in the cryptocurrency market. With more institutions embracing digital assets, the future of Bitcoin and other cryptocurrencies looks promising.