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Fidelity Bitcoin ETF leads $457M in inflows on Dec 17

Crypto Briefing
US spot Bitcoin ETFs saw $457 million in net inflows on December 17, led by Fidelity's FBTC.

Summary

US spot Bitcoin exchange-traded funds experienced significant renewed interest on December 17, recording $457 million in net inflows, according to Farside Investors data. Fidelity’s FBTC was the dominant driver, attracting $391 million in inflows, which pushed its total net assets to $12.4 billion. BlackRock’s IBIT also saw $111 million in inflows that day. This rebound followed two days of significant outflows totaling $635 million, resulting in a net outflow of approximately $177 million for the week to date. Meanwhile, the Bitcoin funds managed by Bitwise and ARK Invest experienced share redemptions.

(Source:Crypto Briefing)