Fidelity's Wise Origin Bitcoin Fund (FBTC), a US spot Bitcoin ETF that holds bitcoin directly and tracks its price for investors.
US spot Bitcoin ETFs shed about $485 million in a single session, enough to push October's flows below zero. Because that exit is small against the funds' asset base, oil prices and Treasury yields look like the stronger force behind the wider crypto sell-off.
Reality
US bitcoin and ether ETFs shed about $965 million in two sessions as ether funds logged an eighth straight day of redemptions. Most of Thursday's selling sat in Fidelity's FBTC and BlackRock's ETHA, consistent with a few large holders trimming positions.
Reality
Arkham Intelligence says 3,568 bitcoin tied to a viral claim of a $197 million Fidelity sale moved inside Fidelity Custody on Sept. 29 and were not sold. Fidelity holds coins in those wallets for institutional clients, so a large on-chain transfer cannot by itself show who is selling.
Reality
US spot Bitcoin ETFs shed a net $484.9 million on Oct. 7, their largest one-day outflow since June, Farside Investors data show. At about $82,700, Bitcoin now trades inside the band where Glassnode maps its nearest liquidation cluster, so the next move depends on how leverage is stacked there.
Perspective Coverage
6 publishersReality
US spot bitcoin ETFs lost a net $89.9 million on Monday as $159.8 million left ARKB and Fidelity's FBTC while BlackRock's IBIT took in $69.85 million. One session that followed about $293 million of inflows is thin evidence that buyers are settling on a single fund.
Reality
Fidelity and BlackRock supplied about 97% of the $433 million that US spot bitcoin ETFs took in on September 18, and the week they rescued still finished at plus $6.2 million, worth about 77 bitcoin.
Reality
Cloture on H.R. 3633 failed 49-50 on Sept. 15 with every yes vote Republican. Add the four Republican noes back to the yes column and the count reaches 53, still seven short of the 60 the Senate requires.
Reality
Spot bitcoin ETFs pulled $606 million on August 20, and IBIT kept $503 million of it. The month's record total is mostly one issuer, and the first fund liquidation shows why.
Reality