Fidelity’s FBTC Leads Spot BTC ETF Flows with $199M Daily Inflow

Published: 2025-12-10 07:08:24 |

Fidelity’s spot Bitcoin ETF (FBTC) posted a $199 million net inflow in one day — the largest single-day intake among spot BTC ETFs — bringing FBTC’s total inflows since launch to about $12.3 billion. Overall, spot Bitcoin ETFs saw roughly $152 million in net inflows that day. Most managers including Grayscale, Bitwise, ARK Invest, Invesco, Franklin Templeton and WisdomTree recorded positive flows, while BlackRock’s IBIT experienced around $135 million in net outflows, suggesting fund-level rotation. Meanwhile, spot Ethereum ETFs attracted nearly $178 million, the biggest single-day inflow since last October, led by Fidelity with Grayscale and BlackRock close behind. For traders: rising ETF inflows point to growing institutional demand for BTC and ETH; FBTC’s dominant daily intake may shift short-term order flow and liquidity; and contrasting flows into IBIT indicate rotation between funds rather than a uniform market move. Monitor ETF flow data, spreads and derivatives order books for short-term liquidity and directional signals.

Bullish

Large, concentrated inflows into Fidelity’s FBTC and continued positive flows across many spot BTC and ETH ETFs are a bullish indicator for the underlying assets. Such ETF purchases represent institutional and retail demand that directly increases spot market buy pressure or creates synthetic exposure that reduces available sell-side liquidity. FBTC’s outsized $199M single-day intake can tighten intra-day liquidity and skew order flow, potentially pushing BTC higher in the short term. Concurrent robust inflows into spot ETH ETFs similarly support ETH price momentum. Offsetting this, BlackRock’s IBIT outflows show rotation rather than sector-wide selling, which tempers downside risk. In the short term, traders should expect higher volatility around ETF flow reports, tighter spreads and potential price spikes as flows settle. Over the medium to long term, sustained ETF accumulation tends to be supportive for price by reducing circulating supply available to the spot market and signaling ongoing institutional adoption.