Fidelity FBTC Records Significant Net Inflow as Bitcoin ETFs Surge

On September 28, Fidelity’s Bitcoin fund (FBTC) saw a substantial net inflow of $123.6 million, as reported by BlockBeats and data from Farside Investors. This strong interest reflects the growing confidence among investors in Bitcoin as a viable asset.

As of now, the total net inflow for U.S. Bitcoin spot ETFs reached an impressive $365 million for the day. However, these figures could change once BlackRock releases its IBIT data. The increasing inflows into Bitcoin ETFs highlight the ongoing trend of institutional interest in cryptocurrency.

 

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