Fidelity Leads Record-Breaking $433M Bitcoin ETF Inflow Surge
Bitcoin ETF inflows surged to $433 million on September 18, led by Fidelity's Wise Origin Bitcoin Fund with a record-breaking $310.72 million in contributions, accounting for about 72% of the total.
This influx of funds into Fidelity and BlackRock's products captured nearly all net additions during the session, with the two companies dominating the market at 97% share.
The sudden turnaround marked a shift from the midweek selloff, coinciding with Bitcoin price recovery near $81,330.
Market analysts note that while ETF inflows can support spot demand, they do not guarantee continued price gains, and other factors such as macro policy and derivatives positioning also come into play.