One of the largest asset managers Fidelity has added to its Bitcoin- balance of another 2100 bitcoins worth over $178 million. Now on the spot BTC-FTF accounts of Fidelity Wise Origin Bitcoin The company’s Fund (FBTC) holds 198 coins, which are currently valued at nearly $430 billion.
The last time Fidelity replenished its Bitcoin- balance on February 17. According to the Bitbo platform, on February 17, FBTC added 960,6 BTC to its accounts, on February 7 — 545,8 BTC, on February 5 — 109,2 BTC, on January 30 — 1987 BTC, on January 29 — 174,7 BTC.
February has been a challenging month for US spot currencies. Bitcoin-funds. In the last week alone, they have lost about $2,9 billion, which is the highest weekly outflow in the history of crypto exchange funds.
However, the last month of winter was not as negative for Fidelity’s FBTC. The fund registered lower outflows than other spot funds. bitcoin ETF, though the difference isn’t particularly significant. FBTC still ranks second in terms of inflows. Since launch, the total net inflows to the Fidelity fund have been about $11,6 billion.
In total, investors withdrew from the US in February Bitcoin-funds record $3,3 billion.