Bitcoin ETFs See Record Inflows, Fidelity Fund Ranks Fifth
TL;DR Summary
Fidelity's Wise Origin Bitcoin Fund (FBTC) has become the fifth most popular ETF, attracting $6.9 billion since its launch in January 2024. This makes it the second spot bitcoin ETF to enter the top five. Vanguard's S&P 500 ETF leads in inflows, followed by iShares Core S&P 500 ETF and BlackRock's iShares Bitcoin Trust. Despite a strong start, flows into the 10 spot bitcoin ETFs slowed last week due to a wider market sell-off.
- Fidelity's Bitcoin Fund Becomes Fifth Most Popular of All ETFs in 2024 CoinDesk
- Bitcoin ETFs' Hot Start Seems Largely Driven by Retail Investors CoinDesk
- Bitcoin ETF snapshot: Segment's week net inflows hit record $2.5B Blockworks
- Bloomberg analyst makes $97 billion prediction for bitcoin ETFs TheStreet
- Bitcoin investment products see another record $2.9B inflow Cointelegraph
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