💰 Fidelity Leads $433M Friday Inflow Into Bitcoin ETFs
U.S. spot Bitcoin ETFs recorded $433 million in net inflows on Friday, September 18. Fidelity’s FBTC dominated the session with $310.7 million, nearly triple the $108.4 million added by BlackRock’s IBIT.
The surge helped recover from a massive $746.3 million outflow recorded earlier in the week. Those withdrawals occurred around the Federal Reserve's decision to raise interest rates by 25 basis points to a 3.75%-4.00% range.
Despite the strong Friday finish, the week ended with a razor-thin net inflow of only $6.1 million. While Fidelity led the final session, BlackRock remained the weekly leader with $120.6 million in total net gains across the five sessions.
#Bitcoin #ETF #Fidelity #BlackRock
U.S. spot Bitcoin ETFs recorded $433 million in net inflows on Friday, September 18. Fidelity’s FBTC dominated the session with $310.7 million, nearly triple the $108.4 million added by BlackRock’s IBIT.
The surge helped recover from a massive $746.3 million outflow recorded earlier in the week. Those withdrawals occurred around the Federal Reserve's decision to raise interest rates by 25 basis points to a 3.75%-4.00% range.
Despite the strong Friday finish, the week ended with a razor-thin net inflow of only $6.1 million. While Fidelity led the final session, BlackRock remained the weekly leader with $120.6 million in total net gains across the five sessions.
#Bitcoin #ETF #Fidelity #BlackRock