FahimKhan
🚀 Major Inflows for #Bitcoin and Ethereum ETFs: Fidelity Leads the Charge
According to Lookonchain monitoring, today's 10 U.S. Bitcoin ETFs recorded a net inflow of 3,199 BTC ($~1.3B), with Fidelity (FBTC) alone contributing 2,159 BTC ($~900M). Fidelity now holds 203,509 BTC (worth $21.99B), solidifying its position as a major player in the Bitcoin ETF space.
Meanwhile, 9 Ethereum ETFs saw a net inflow of 24,968 ETH (~$63M), entirely driven by Fidelity (FETH). The asset manager now holds 523,594 ETH (worth $1.33B), demonstrating strong institutional interest in Ethereum.
Key Takeaways:
According to Lookonchain monitoring, today's 10 U.S. Bitcoin ETFs recorded a net inflow of 3,199 BTC ($~1.3B), with Fidelity (FBTC) alone contributing 2,159 BTC ($~900M). Fidelity now holds 203,509 BTC (worth $21.99B), solidifying its position as a major player in the Bitcoin ETF space.
Meanwhile, 9 Ethereum ETFs saw a net inflow of 24,968 ETH (~$63M), entirely driven by Fidelity (FETH). The asset manager now holds 523,594 ETH (worth $1.33B), demonstrating strong institutional interest in Ethereum.
Key Takeaways:
