2d ago

Fidelity’s FBTC ETF buys $354.1M of bitcoin over past 20 trading days

AI Market Summary

Fidelity's FBTC ETF accumulated about $354.1M in BTC over the last 20 trading days, alongside additional purchases in ETH ($66.6M) and SOL ($18.2M) via other Fidelity crypto funds. The steady, multi-asset inflows highlight sustained institutional allocation through regulated vehicles, which can tighten near-term spot liquidity and support broader risk sentiment across major crypto assets.

Impact level

● High

Affected assets

BTC/USDT+0.20%

AI Insight · BTC/USDTAI Insight

▲ Bullish

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Fidelity’s FBTC ETF bought $354.1M of BTC over the past 20 trading days. Over the same period, its other crypto funds also bought $66.6M of ETH and $18.2M of SOL. The figures indicate Fidelity has been building sizable, sustained exposure to major crypto assets through multiple fund products in recent weeks.

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