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Following BlackRock, Fidelity’s Bitcoin Spot ETF AUM Exceed $1 Billion

Mary Liu

Summary: According to data from Bloomberg, five days after the Bitcoin spot ETF opened for trading, the assets under management of the Fidelity Bitcoin Spot ETF (FBTC) exceeded $1 billion, reaching $1.016 billion, becoming the second Bitcoin spot ETF with over $1 billion in assets under management after BlackRock. Rachel Aguirre, BlackRock’s head of iShares US ...

According to data from Bloomberg, five days after the Bitcoin spot ETF opened for trading, the assets under management of the Fidelity Bitcoin Spot ETF (FBTC) exceeded $1 billion, reaching $1.016 billion, becoming the second Bitcoin spot ETF with over $1 billion in assets under management after BlackRock.

Rachel Aguirre, BlackRock’s head of iShares US products, previously told Bloomberg that BlackRock has attracted a large number of retail investors from the first day, as well as investors who were unfamiliar with the crypto space.

By Mary Liu

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