Fidelity ETF clients buy $103M worth of Bitcoin in a single day

Fidelity’s spot Bitcoin fund had a very good Monday. Clients of the Fidelity Wise Origin Bitcoin Fund (FBTC) bought $103.06 million worth of Bitcoin on October 13, 2026. That would be a solid day on its own. What makes it stand out is that Fidelity accounted for almost all of the money flowing into US spot Bitcoin ETFs that day. The entire sector posted net inflows of $109.8 million. FBTC’s haul, tracked at approximately $103.1 million in research data, left the rest of the field to split roughly $6.7 million in net terms. A big day in a choppy month The inflows arrived as Bitcoin traded above $86,000. Firms like SoSoValue and Farside Investors monitor primary market activity for these funds, meaning the shares created and redeemed each day. Those creations matter because a spot ETF has to hold the real asset. When investors pour cash into FBTC, the fund needs actual Bitcoin to back the new shares. October has not been a straight line. ETF flows swung between inflows and outflows through the early part of the month. On October 1, the sector logged a net inflow of $102.7 million, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the way. Later that same week, FBTC saw outflows. ...