Category: Fidelitys
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Fidelity’s FBTC Beats Grayscale’s GBTC in This Negative Trend
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Since mid-January, when the 11 Bitcoin ETFs saw the light of day, Grayscale-converted GBTC has been at the forefront of outflows. This eventually led to it losing its crown as the world’s largest exchange-traded fund tracking the performance of BTC. However, in the last two trading days of this week,…
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Fidelity’s FBTC Beats Grayscale’s GBTC in This Negative Trend
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Since mid-January, when the 11 Bitcoin ETFs saw the light of day, Grayscale-converted GBTC has been at the forefront of outflows. This eventually led to it losing its crown as the world’s largest exchange-traded fund tracking the performance of BTC. However, in the last two trading days of this week,…
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‘Bitcoin is Exponential Gold’, Says Fidelity’s Director of Global Macro
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Jurian Timmer, Global Macro Director at Fidelity, recently made a notable statement about Bitcoin, calling it “exponential gold” and an emerging player in the “store of value” team. Timmer’s comments were shared through a series of posts, where he explained Bitcoin’s evolving role in the financial ecosystem. In my view,…
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‘Bitcoin is Exponential Gold’, Says Fidelity’s Director of Global Macro
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Jurian Timmer, Global Macro Director at Fidelity, recently made a notable statement about Bitcoin, calling it “exponential gold” and an emerging player in the “store of value” team. Timmer’s comments were shared through a series of posts, where he explained Bitcoin’s evolving role in the financial ecosystem. In my view,…
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Here’s How Much Spot Bitcoin ETFs Have Contributed to BlackRock and Fidelity’s 2024 Inflows
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BlackRock and Fidelity’s bitcoin exchange-traded funds (ETFs) have emerged as major contributors to the company’s total ETF flows this year. According to data from Bloomberg Intelligence, these Bitcoin ETFs accounted for 26% and 56% of BlackRock and Fidelity’s year-to-date inflows, respectively. Bitcoin ETF data BlackRock’s iShares Bitcoin Trust (IBIT) and…
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Here’s How Much Spot Bitcoin ETFs Have Contributed to BlackRock and Fidelity’s 2024 Inflows
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BlackRock and Fidelity’s bitcoin exchange-traded funds (ETFs) have emerged as major contributors to the company’s total ETF flows this year. According to data from Bloomberg Intelligence, these Bitcoin ETFs accounted for 26% and 56% of BlackRock and Fidelity’s year-to-date inflows, respectively. Bitcoin ETF data BlackRock’s iShares Bitcoin Trust (IBIT) and…