Fidelity's Bitcoin (BTC) Fund Takes 94% of $109.8 Million in Daily ETF Inflows

FBTC Absorbs $103.1 Million of Tuesday's Flow

A net $109.8 million flowed into US spot Bitcoin (BTC) exchange-traded funds (ETFs) on Tuesday, October 13, and a single fund took almost all of it. Fidelity's Wise Origin Bitcoin Fund (FBTC) absorbed $103.1 million of that net inflow, about 94% of the day's total, leaving the rest of the cohort to split roughly $6.7 million. The tally comes from Farside Investors, which compiles each issuer's daily creation and redemption disclosures into a per-fund table after every US trading session, and the Tuesday print published early on Wednesday, October 14. Issuers file their share counts after the US close, so a table published hours later reflects the completed session, not a running total. Tuesday's session in the same cohort ran the other way, closing with $65.4 million in net outflows. October 1 had drawn $102.7 million in net creations, and earlier episodes had recorded the Fidelity fund itself on the outflow side in size, so Tuesday's direction stood against the recent pattern. Daily tracking of Bitcoin ETF flows rests on those issuer filings, which makes the record a primary one rather than an estimate. The Bitcoin price sat near $83,802 at the time of writing, up 0.5% over 24 hours and effectively unchanged from the level it held as the flow data landed. A net figure counts shares created minus shares redeemed across the listed funds, not exchange turnover, and a concentration this steep routes nearly all of the day's demand through one issuer's product. The day's remaining products ended net positive as a group, but only at the margin, which is why the aggregate reads as a Fidelity session first and a market session second.

Our live monitoring shows Bitcoin (BTC) at $83,802, flat against the 03:49 UTC reading, so the FBTC-weighted session left the market level unchanged. The nearest resistance on the composite level map our Bitcoin technical analysis tracks sits at $84,071, scored 88 out of 100, with the strongest support at $81,616, at 93/100. Funding held at 0.0028% and open interest near $15.57 billion, so positioning did not chase the print. A daily close above $84,071 would be the first sign the creations are feeding into price. Demand the ETF tally does not count sits elsewhere: treasuries, where Metaplanet's 44,000 BTC now ranks second only to Strategy; model allocations, where 10x Research's quant strategy leads buy-and-hold by 17 points; and on-chain rotation, where a recent whale rotation swapped 1,074.3 Bitcoin (BTC) for 35,346 Ethereum over three days.

Aggregator Gaps and FBTC's 0.25% Fee

The per-fund arithmetic behind Tuesday's aggregate carries a small spread between data providers. Farside's table lists FBTC at $103.10 million for the session; a second aggregator's figure for the same fund came in at $103.06 million, a gap of about $40,000. Totals and fund-level amounts can differ between providers the same way, so the 94% share is computed on Farside's numbers. The spread matters because single-day prints get quoted widely, and a small gap in the base can move a share calculation at the margin. The swing between sessions frames the print. Tuesday closed at $65.4 million in net outflows, October 1 recorded $102.7 million of net creations, and earlier episodes had put the Fidelity fund itself among the larger outflow cases in the daily tables. Tuesday ran against both the sign of the preceding session and the fund's own recent outflow history. Mechanically, a creation adds fund shares when a buyer deposits cash or Bitcoin with the issuer, and a redemption removes them; the daily tables report the net. That single number cannot separate the investor types behind it, whether advisors, institutions or whales, and it cannot state a motive. It also cannot settle longer questions: one session of creations says little about the long-horizon conviction that terms like HODL describe, or about where the price goes next. Within the $109.8 million total, the residual for every other product combined came to about $6.7 million, so the cohort outside FBTC ended the day net positive only at the margin. FBTC itself is structured as a fund that tracks Bitcoin's price rather than a direct coin holding, and it trades inside a standard brokerage account, which makes the exposure mechanically different from self-custody. Fidelity's own product disclosure warns that price swings for Bitcoin and for products tracking it can be severe, and the issuer lists the fund's annual expense ratio at 0.25%.