Markets· ★★★· bullish·

Fidelity ETF clients buy $103M worth of Bitcoin in a single day

  • —FBTC pulled in $103.06 million in a single day on October 13
  • —The entire US spot Bitcoin ETF sector saw $109.8 million in net inflows
  • —The remaining funds split roughly $6.7 million in net terms
  • —Cumulative sector inflows since January 2024 total about $57 billion
Why it matters: The concentration of inflows in one fund shows ETF demand for Bitcoin remains dependent on a handful of dominant issuers like Fidelity and BlackRock.
#BTC
Source: Crypto Briefing
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