Fidelity’s Bitcoin ETF posted its largest day of gains over the last two weeks, leading the pack with $279 million in daily inflows.
Fresh capital is flowing back into US spot Bitcoin (BTC) exchange-traded funds (ETFs) following a five-day span of consecutive net outflows.
Led by strong inflows into Blackrock’s and Fidelity’s funds, the ten recently approved spot Bitcoin ETFs saw a combined net inflow of $418 million on March 26, according to Farside Investors data.
Fidelity's fund generated its largest daily inflow since March 13, notching $279.1 million on March 26 — as the investment giant snapped up an additional 4,000 BTC. This marked the second consecutive day the fund has seen inflows exceeding $260 million.