Hundreds of millions of dollars worth of money continues to flow into spot Bitcoin exchange-traded funds (ETFs).
According to blockchain data platform Arkham Intelligence Fidelity Bitcoin ETF (FBTC) Yesterday 5 thousand 312 Bitcoins worth $ 216.3 million entry.
Total number of Bitcoins in Fidelity’s fund to 29 thousand 907 As the fund’s value in dollars rises $1.2 billion happened.
In its announcement yesterday, Arkham Intelligence said it had found the address used for four ETFs, including Fidelity’s. “the first to share publicly” He stated that it was a platform.
Fidelity operates the largest ETF by volume after Grayscale and BlackRock among ETFs that began trading on January 11. Fidelity fund’s total volume after seven trading days 3 billion dollars passed.