Fidelity FBTC's total inflow breaks through 4 billion US dollars
Data shows that a significant inflow of funds this week into Fidelity's spot Bitcoin exchange-traded fund, Fidelity Wise Origin Bitcoin (FBTC), has brought its total inflows to the $4 billion mark. Not to be outdone, BlackRock's IBIT has reached an impressive net inflow total of $5.7 billion. In contrast, GBTC experienced more capital outflows, but these were restrained. According to Glassnode, since the launch of the Bitcoin ETF on January 11th, GBTC's total bitcoin holdings have decreased by 33%, with a total outflow so far of $7.4 billion. As it stands now, all Bitcoin ETFs have seen a net inflow totaling $5.3 billion equivalent to 110 thousand bitcoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI trading rebounds; storage chip and optical communication stocks rise broadly in U.S. pre-market, CoreWeave surges 17%, oil prices stabilize.
Before the US stock market opened, CoreWeave rose about 17% as its Q3 revenue exceeded expectations and the company raised its annual revenue guidance. Storage chip stocks generally increased, with SK Hynix up about 7% and SanDisk up about 7%. Optical communication stocks also rose, with Coherent up about 9%, Credo up about 8%, and Lumentum up about 8%. Futures for all three major US stock indexes were up: Nasdaq 100 index futures rose 1.6%, S&P 500 index futures rose 0.7%, and Dow Jones index futures rose 0.2%.
Fed repricing lifts US Dollar Index – Deutsche Bank
Lundbeck raises 2026 revenue growth forecast to 11%-12% at constant exchange rates
Jefferies: Raises BP target price to 580 pence
Crypto prices
More
