Fidelity Bitcoin ETF leads with $457M in revenue as of December 17
Key receivers
Spot Bitcoin ETFs in the US saw $457 million in net inflows on Wednesday. Fidelity's FBTC came in at $391 million in revenue, with total net assets of $12.4 billion.
Share this article
U.S. spot bitcoin exchange-traded funds recorded $457 million in net revenue as of Dec. 17, according to data from Farside Investors.
Fidelity's FBTC fund led the revenue with $391 million, bringing its total net assets to $12.4 billion. BlackRock's IBIT attracted $111 million in revenue during the same period.
In contrast, Bitcoin funds managed by Bitwise and ARK Invest reported joint redemptions.
Bitcoin ETF flows rebounded on Wednesday after $635 million was withdrawn over the past two days. For the week to date, net outflows stand at approximately $177 million.
