Fidelity and Newcomers Gain As Investors Rotate Out of Grayscale's GBTC into Bitcoin Spot ETFs

• Bitcoin spot ETFs saw $123M net inflow on Wednesday, reversing Monday's outflows • Grayscale's GBTC saw record-low $17.47M net outflow, down from recent weeks • Fidelity's FBTC saw substantial $76.31M net inflow, emerging as clear winner • BlackRock’s IBIT also saw strong $33.27M net inflow amid confidence in new ETFs • Nov. 19 Benzinga event offers insights into crypto landscape and Bitcoin ETFs