Categories: Bitcoin

Fidelity’s Bitcoin holdings surpass the $150,000 mark

fidelity’s bitcoin holdings surpass the $150,000 mark

The market value of Fidelity’s FBTC holdings surpassed $10 billion, and they surpassed $150,000 Bitcoins.

The daily net inflow of $19.1224 million was observed in Fidelity’s spot Bitcoin exchange-traded fund FBTC, as indicated by the Golden Finance report. 

The current cumulative historical net inflow of FBTC is $8.670 billion. According to the most recent data from Dune, the number of Bitcoins held by FBTC has surpassed $150,000.

The present Bitcoin number stands at 151,797, with the market value regarding its holdings being more than $10 billion and reaching $10.3 billion. Fidelity currently holds the third spot amongst Bitcoin ETF holdings. Grayscale, at 287,701 bitcoins, and BlackRock, at 275,756, stay slightly ahead. 

Furthermore, Fidelity is among the eight spot Ethereum that the U.S. Securities and Exchange Commission has allowed in an ominbus order. In addition to Fidelity, the ETFs offered by BlackRock, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton have all received SEC approval for their 19b-4 forms.

Trevor Holman: Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.