Fidelity buys $ 132.7 million in bitcoin


Key dealers

  • Fidelity’s FBTC registered $ 132.7 million in net inflows on October 14, the largest among all issuers for the day.
  • Fidelity’s strong inflows indicate continued institutional and retail collection through its platform.

Fidelity, a large US asset manager, saw customers buy $ 132.7 million in Bitcoin on Tuesday, which showed continued institutional appetite for the leading crypto supply.

The Asset Chief has enabled exposure to Bitcoin in 401 (K) pension plans, which allows customers to integrate digital access into long -term savings strategies.

In addition to comrades like Blackrock, Fidelity acquires strategic bitcoin to strengthen its portfolio in the midst of fluctuating market conditions. The company has actively expanded its crypto deals through Spot ETFs and pension accounting.



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