Fidelity’s Bitcoin (BTC) Fund Draws $236.7 Million on Nov. 5

Fidelity’s Wise Origin Bitcoin Fund (FBTC) recorded $236.7 million in net inflows for the Nov. 5 trading session, more than twice the $103.1 million it drew Oct. 13. The Oct. 13 rebound in U.S. spot Bitcoin (BTC) fund flows brought $175.7 million in combined net inflows, following $65.4 million in outflows the previous session. FBTC had the largest intake among the funds that day. FBTC holds Bitcoin directly rather than futures contracts. It charges an annual expense ratio of 0.25%, and Fidelity Digital Assets handles custody.

Source: TokenPost