Fidelity's Bitcoin ETF Sees $29.3M Influx Amid Bullish BTC Price Action
Fidelity's Bitcoin ETF, FBTC, saw a significant influx of capital on October 3, 2026, with $29.3 million flowing in. This marks a substantial increase in spot Bitcoin ETF inflows, which could have implications for the price of BTC. The current price of Bitcoin is $84,510, and the 4-hour chart shows a bullish structure with the EMA50 serving as immediate support.
The EMA200 anchors the longer-term trend, and the MACD golden cross at 314.09 indicates positive momentum. The RSI at 51.99 leaves room for further growth before the upper Bollinger resistance at $86,170.98 is tested.
This development is significant, as it could contribute to the continuation of the current trend in Bitcoin prices. The impact of spot Bitcoin ETF inflows on the price of BTC is a key factor to consider, and this latest influx of capital could have a notable effect.