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Crypto

Fidelity Logs $41M Bitcoin ETF Inflow Amid Institutional Crypto Adoption

Guavy AI Editorial Team
Instruments
BTC
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Fidelity's Bitcoin ETF (FBTC) recorded a significant inflow of $41 million on August 8, 2026, according to Farside Investors.

This influx of capital is contributing to accelerating institutional adoption of crypto, with the flows directly impacting Bitcoin price prediction models that target continuation above $65k.

The current BTC price of $64,908.09 sits within Bollinger Bands, with an upper resistance at $65,193.75. The EMA50 and EMA200 anchor a bullish structure, while the MACD golden cross confirms trend strength.

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