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**Fidelity’s Bitcoin ETF Wallet Receives $10 Million in BTC from Coinbase Prime**
Fidelity’s Bitcoin ETF (FBTC) wallet, marked with the address 3A1mv, has recently received a significant transfer of BTC. Onlookers in the crypto community observed an influx of 174.06 BTC, equating to approximately $10 million. The substantial transfer was executed from Coinbase Prime’s Hot Wallet, which is identified by the address 3MqUP. This substantial movement of Bitcoin underlines the growing activity and confidence in institutional investment vehicles within the cryptocurrency space. Fidelity’s continued engagement with Bitcoin through such sizable transactions is likely to influence the market and draw attention to the ongoing integration of cryptocurrencies into mainstream finance.
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