The market value of Fidelity’s FBTC holdings surpassed $10 billion, surpassing Bitcoin’s $150,000.
According to a Golden Finance report, the Fidelity spot Bitcoin exchange-traded fund FBTC observed daily net inflows of $19.1224 million.
FBTC’s current cumulative historical net inflows are $8.67 billion. According to Dune’s latest data, the number of Bitcoins held by FBTC has surpassed $150,000.
There are currently 151,797 Bitcoins, with a market value of over $10 billion for the holdings, or $10.3 billion. Fidelity currently ranks third among Bitcoin ETF holdings. Grayscale is slightly ahead with 287,701 Bitcoins and BlackRock with 275,756 Bitcoins.
Additionally, Fidelity is one of eight Ethereums permitted by the U.S. Securities and Exchange Commission under the Ominbus mandate. In addition to Fidelity, ETFs offered by BlackRock, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton have all received SEC approval on Form 19b-4.