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Fidelity's Bitcoin ETF sees $199M net inflow, leading Bitcoin spot ETFs
Source: CryptoNewsNet Original Title: Fidelity’s Bitcoin ETF sees $199M net inflow, leading Bitcoin spot ETFs Original Link:
Overview
Spot Bitcoin exchange-traded funds recorded around $152 million in net inflows yesterday, with Fidelity’s FBTC leading the group at $199 million. This marks a significant performance, bringing total inflows into FBTC to $12.3 billion since its launch.
Bitcoin ETF Performance
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.
Ethereum ETF Activity
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.