Fidelity's Wise Origin Bitcoin Fund Directs Nearly $1 Billion Inflows into Spot Bitcoin ETFs.
On Tuesday, spot-based exchange-traded funds (ETFs) recorded net inflows of $887 million, the second-largest single-day accumulation since their inception in January.
Notably, Fidelity's Wise Origin Bitcoin Fund (FBTC) led the way with a significant inflow of $379 million.
âFidelity is making serious moves, with total inflows of nearly $1 billion across The Ten today,â leading ETF analyst Eric Balchunas said, highlighting the event on social media.
