Fidelity now holds nearly 200K $BTC —about 1% of total supply—trailing only BlackRock’s IBIT. But in a twist, Fidelity’s FBTC has recently outpaced IBIT in daily inflows.
On July 2, FBTC pulled in $183M of the $408M total ETF inflows. The momentum continued on July 3 with $237.13M, edging ahead of IBIT’s $224.53M.