Fidelity Dominates Bitcoin ETF Inflow as Recovery Falls Short
The Bitcoin ETF inflow rebounded on Aug. 17, but the recovery was led by Fidelity's Wise Origin Bitcoin Fund (FBTC), which supplied $111.9 million, or 81.5% of the total $137.3 million inflow.
This is according to Farside's live table, which also showed that ARKB added $14.2 million and MSBT added $11.2 million.
The recovery was a welcome relief after five consecutive sessions of net outflows totaling $385.2 million, but the inflow only recouped 35.6% of that loss.
Despite this, BlackRock's iShares Bitcoin Trust (IBIT) did not have a numeric entry in Farside's table, leaving its contribution to the session unknown and potentially changing the concentration ratio when finalized.