Crypto
Fidelity Dominates $324M Bitcoin ETF Inflow Surge
Bitcoin ETFs rebounded strongly on Friday, September 18, as Fidelity's Wise Origin Bitcoin Fund (FBTC) recorded a massive $310.7 million in net inflows.
This accounted for approximately 96% of the total $324.6 million in net inflows across all U.S. spot Bitcoin ETFs, according to Farside Investors.
BlackRock's IBIT failed to join the party, registering no net flow for the session.
The heavy redemptions earlier in the week were largely reversed by Friday's influx of funds, which showed that buyers are willing to step back in quickly after periods of selling.