Fidelity’s Bitcoin ETF joins the $1 billion club in alongside | 💠 Binance || Coinbase || Bybit 💠

Fidelity’s Bitcoin ETF joins the $1 billion club in alongside BlackRock

Fidelity’s spot Bitcoin (BTC) exchange-traded fund (ETF) swiftly secured its position as the second ETF provider to surpass $1 billion in assets under management (AUM) within a week of its launch. Data from Bloomberg shows that Fidelity’s Wise Origin Bitcoin Trust achieved this milestone on its fifth day of trading, recording flows that reached $1.01 billion in AUM. BlackRock’s iShares Bitcoin Trust (IBIT) had reached the same milestone a day earlier, and its AUM currently stands at $1.06 billion.

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