The cryptocurrency market has witnessed a significant shift as Fidelity’s Bitcoin ETF, FBTC, has overtaken BlackRock’s IBIT in recent inflows. This development marks a notable milestone in the ongoing competition between major financial institutions in the Bitcoin ETF space.

A Major Milestone for Fidelity

Fidelity’s FBTC ETF experienced an impressive $141 million in inflows, surpassing BlackRock’s IBIT, which saw $116 million in the same period.&middot

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