Fidelity’s FBTC ETF hits $4 billion mark amid Bitcoin ETF boom Fidelity’s FBTC ETF reaches $4 billion milestone during surge in Bitcoin ETF popularity.

There was a lot of movement in the Bitcoin ETF market on February. Based on data from BitMEX, there was a strong influx of $251 million, equivalent to 5.33,900 BTC. The focus was on Fidelity’s FBTC ETF, which saw a significant increase of $159 million, bringing its total inflows to $4 billion. BlackRock’s IBIT received an additional $125 million, increasing its total net inflow to $5.7 billion, which is a significant amount. The data on Bitcoin ETF was sourced from BitMEX. According to BitMEX, GBTC saw fewer withdrawals compared to inflows, but the outflows were not significant. The ETF experienced a $56 million withdrawal, which was smaller than the $199 million withdrawal seen on the day before, February. Since the start of Bitcoin ETFs in January, GBTC has seen $7.4 billion flow out, representing a 33% decrease in their total Bitcoin holdings. 11, as reported by Glassnode, the balance of GBTC ETF is available. (Source: Glassnode). This increase confirmed the continued robustness of the Bitcoin ETF market, with a total net inflow of $5.3 billion for all Bitcoin ETFs, equivalent to 110,000 Bitcoins. Recent data shows.