Fidelity Scoops $183.7M in Bitcoin in One Day as Institutional Demand Heightens
2025-07-03 21:25:59
Main Idea
Fidelity's Bitcoin ETF (FBTC) recorded a significant $183.7 million inflow in one day, pushing its total Bitcoin holdings above $20 billion, reflecting strong institutional demand.
Key Points
1. Fidelity's Wise Origin Bitcoin Fund (FBTC) added over $183 million in a single day, marking the largest daily surge for the fund.
2. Fidelity's total Bitcoin holdings now stand at $20.76 billion, accounting for approximately 1.02% of Bitcoin's total supply.
3. Spot Bitcoin ETFs resumed positive inflows with a net total of $407.78 million as of July 2nd, after a $342 million outflow on June 30th.
4. BlackRock's IBIT fund saw zero inflows on the same day, contrasting with Fidelity's strong performance.
5. Bitcoin's price showed a modest gain of 0.45%, trading around $109,935 at the time of reporting.
Description
Bitcoin ETF inflows push Fidelity’s Bitcoin holdings above $20 billion
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