Fidelity’s Bitcoin ETF Hits Record $473M Daily Inflow

This positioned Fidelity’s FBTC as Thursday’s best-performing Bitcoin ETF, surpassing BlackRock’s IBIT by nearly 50%.

Bitcoin and ETF moving forward fast spaced.
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  • Bitcoin ETFs have continued to thrive since their launch.
  • Fidelity’s Bitcoin ETF has achieved a new milestone in daily volume.
  • The cumulative trading volume of Bitcoin ETFs has reached new heights.

The approval and launch of Bitcoin Exchange-Traded Funds (ETFs) marked a momentous chapter for the cryptocurrency industry, capturing the attention of the financial world with unprecedented milestones and billions in trading volume. Since their debut, two top-performers BlackRock’s iShares Bitcoin ETF and Fidelity Wise Origin Bitcoin Fund, have led the charge, surpassing long-standing records with impressive inflows.  

Against this backdrop, Fidelity’s Bitcoin ETF has now smashed another milestone.

Fidelity’s Bitcoin ETF Bags New Record

According to BitMEX Research data on Thursday, March 7th, Fidelity’s FBTC recorded the highest daily inflow of $473.4 million, surpassing its previous record of $404.6 million.


FBTC outperformed BlackRock’s IBIT, which has long occupied the position of the leading bitcoin ETF by daily trading volume, which only recorded over $244.2 million on the same day.

Following in third and fourth positions were Ark Invest 21Shares’ ARKB and Valkyrie’s BRRR, with $42.1 million and $41.8 million in inflows, respectively. Bitwise’s BITB, with $41.4 million in inflows, secured the fourth position, bringing the total new inflow for Thursday to a cumulative $472.6 million.

Despite FBTC’s impressive performance, it trails behind BlackRock’s iBIT’s record of $788 million set on March 5, coinciding in Bitcoin’s surge in value to its all-time high above $69,000 for the first time since 2021.


Read more on BlackRock and its top-performing Bitcoin ETF:

BlackRock Bitcoin ETF Marks New Inflow High as BTC Claims ATH 

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Do Kwon’s Extradition Escalates as US and South Korea Compete

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Grace Abidemi

Grace Abidemi, a cryptocurrency reporter at DailyCoin, covers industry developments and trends. She previously worked as a freelance writer. With a Bachelor's degree in German Language and certifications in marketing and storytelling, Grace creates engaging content. When not working, she's in Nigeria, mastering cooking and canvas painting, and enjoys learning about different cultures and languages.