Fidelity

Grayscale’s spot Bitcoin exchange-traded fund (GBTC) saw its second daily net inflows on May 6, drawing in $3.9 million into the converted trust, according to data from Farside Investors. As a result, the overall US spot Bitcoin ETF market recorded net positive inflows of $217 million. GBTC ended its 78-day streak of net outflows last […]

According to provisional data from Farside Investors, Fidelity’s spot Bitcoin exchange-traded fund (ETF), FBTC, attracted a staggering $208 million in daily inflows on Jan. 29. This marks a significant achievement for the fund as it surpassed the outflows from the Grayscale Bitcoin Trust (GBTC) for the first time since its launch. In contrast, GBTC experienced […]