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Fidelity's Bitcoin ETF Leads $433M Surge in Crypto Demand

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Fidelity's Bitcoin ETF led the charge as U.S. crypto funds saw a surge in demand, closing the week with $433M flowing into bitcoin funds.

Ether and solana also gained traction, signaling broad institutional crypto demand.

The strong finish coincided with renewed momentum in bitcoin's price, which moved back above $80,000 following a turbulent week.

The inflows were led by Fidelity's FBTC with $310.72M, followed by Blackrock's IBIT adding another $108.44M.

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