Fidelity’s Bitcoin spot ETF, FBTC, achieves a remarkable milestone with over $1 billion in total inflows within five days, positioning itself alongside BlackRock’s IBIT. However, the market sees a net outflow of $131.6 million on day five, driven by a significant $579.6 million outflow from Grayscale’s GBTC. Fidelity Joins Exclusive $1 Billion Club As Bitcoin …
The post Fidelity’s FBTC Surpasses $1 Billion Inflows as GBTC Faces Massive Outflows in Bitcoin Spot ETF Market appeared first on Cryptoknowmics-Crypto News and Media Platform.
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