Fidelity's Bitcoin ETF sees $199M net inflow, leading Bitcoin spot ETFs

Key Takeaways

• Fidelity's Bitcoin ETF (FBTC) recorded a $199 million net inflow in one day, leading the spot Bitcoin ETF market.
• Total inflows into FBTC have reached $12.3 billion since its launch.

Spot Bitcoin exchange-traded funds recorded around $152 million in net inflows yesterday, with Fidelity’s FBTC leading the group at $199 million.

Other funds managed by Grayscale, Bitwise, ARK Invest, Invesco, Franklin Templeton, and WisdomTree also saw positive flows on Tuesday, whereas BlackRock’s IBIT faced $135 million in net outflows.

Elsewhere, spot Ethereum ETFs pulled in almost $178 million in fresh investment, their strongest single-day haul since late October. Fidelity’s fund topped the list, with Grayscale and BlackRock close behind.