Fidelity’s FBTC ETF hits $4 billion mark amid Bitcoin ETF boom
The landscape of Bitcoin ETFs witnessed significant activity on Feb. 22, according to BitMEX data, with a robust inflow of $251 million, the equivalent of 4,900 BTC. BitMEX data shows that the spotlight was on Fidelity’s FBTC ETF, which reported a substantial inflow of $159 million, pushing its total inflows to the $4 billion mark. BlackRock’s IBIT was not far behind, absorbing $125 million to bring its total net inflow to an impressive $5.7 billion.
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