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Fidelity ETF clients buy $24.54 million worth of Bitcoin

Fidelity ETF clients buy $24.54 million worth of Bitcoin

Photo: Crypto Briefing

Another steady purchase through FBTC adds to a pattern of mid-sized buys from Fidelity's spot Bitcoin fund Fidelity’s spot Bitcoin ETF clients just bought another $24.54 million worth of Bitcoin. The purchase ran through the Fidelity Wise Origin Bitcoin Fund, better known by its ticker FBTC. It’s the asset manager’s spot Bitcoin ETF, which buys and holds actual Bitcoin on behalf of shareholders. The $24.54 million buy sits neatly inside a range FBTC has hit several times this year. Client-driven transactions have repeatedly landed between $23 million and $25 million.

Source: Crypto Briefing

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