Fidelity leads Bitcoin ETFs 4th best day since launch reaching $6 billion total net inflows 
Quick Take
There is a notable surge in capital inflows into Bitcoin ETFs, a trend clearly highlighted by recent capital movements. BitMEX data shows that ETFs saw a massive net inflow of $520 million, or the equivalent of 9,510 BTC, on Feb. 26.
GBTC, once a favored choice among investors, continues to experience outflows with a record of $7.5 billion in total outflows. Interestingly, the outflow trend has been steadily dwindling over three consecutive trading days, dropping from $56 million to $22 million, according to BitMEX.
BitMEX data shows that Fidelity’s FBTC is experiencing a formidable upsurge, with a massive $243 million inflow on a single day, propelling their total net flows to an impressive $4.2 billion. Similarly, Ark Invest ARKB and BlackRock IBIT enjoyed strong inflow days, adding $131 million and $112 million, respectively, to their coffers.
This trend represents an aggregate net inflow of over $6 billion for all spot US ETFs or the equivalent amount of 123,729 BTC, according to Bitmex.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Fidelity Investments
Fidelity Investments Inc., commonly referred to as Fidelity, is a multinational financial services corporation based in Boston, Massachusetts.
