Fidelity Buys $237 Million of Bitcoin as FBTC Inflows Jump
Fidelity bought $236.72 million worth of Bitcoin, tied to $236.7 million in net inflows for its Wise Origin Bitcoin Fund (FBTC).
Fidelity just went shopping, and the receipt is long. The asset manager bought $236.72 million worth of Bitcoin, a purchase tied to a strong day of client demand for its spot Bitcoin ETF.Fidelity's Wise Origin Bitcoin Fund, which trades under the ticker FBTC, logged net inflows of $236.7 million on…