Fidelity's FBTC Sees Record-Breaking Net Inflows Amid Competitive Crypto Market

Fidelity's Wise Origin Bitcoin Fund (FBTC) saw an impressive surge in net inflows on September 18, attracting $310.72 million, which accounted for approximately 72% of all US spot Bitcoin ETFs' haul during that trading session.

This single-day amount represented roughly 75% of a multi-week accumulation spree and continued through the following week, with FBTC adding $238.8 million on September 21 and $257.4 million on September 22.

The fund's cumulative net inflows since its January 2024 inception reached $11,073 million, while the combined four-session run from September 17 to 22 totaled approximately $2.31 billion for the entire category.