On Tuesday, spot-based exchange-traded funds (ETFs) recorded an impressive $887 million in net inflows, marking their second-largest single-day accumulation since their inception in January. Notably, Fidelity’s Wise Origin Bitcoin Fund (FBTC) took the lead with substantial inflows amounting to $379 million. Eric Balchunas, a prominent ETF analyst, highlighted this event on social media stating, “Fidelity is making significant moves, with nearly $1 billion in total influx across The ...
