Fidelity ETF clients buy $24.54 million worth of Bitcoin
- —The $24.54 million buy ran through the Fidelity Wise Origin Bitcoin Fund (FBTC)
- —On October 13, FBTC drew $103.06 million of the sector's $109.8 million
- —The fund carries a 0.25% expense ratio
- —Fidelity Digital Assets: treasury companies funded 135,979 BTC via preferred stock
Why it matters: FBTC inflows show Bitcoin demand arriving through both ETFs and corporate treasuries, two structurally different channels.
Source: Crypto Briefing