Posted 3/18/2024, 5:20:00 PM
Fidelity's Bitcoin ETF Becomes 5th Most Popular as Crypto Funds Gain Mainstream Traction
- Fidelity’s Wise Origin Bitcoin Fund (FBTC) is the 5th most popular ETF in 2024, attracting $6.9B since its Jan 12 launch
- FBTC is the 2nd spot bitcoin ETF to break into the top 5 most popular ETFs
- The top ETF by 2024 inflows is Vanguard’s S&P 500 ETF (VOO) with over $24B
- BlackRock’s iShares Bitcoin Trust (IBIT) ETF is 3rd most popular with $12.5B inflows
- After a strong start last week, flows into the 10 spot bitcoin ETFs slowed Thurs and Fri amid a wider market sell-off
