Fidelity surge brings in $310M BTC saving Bitcoin ETFs from a disastrous week
- Fidelity just dropped $310.7M into spot Bitcoin ETFs on Friday — nearly 3x BlackRock's $108.4M — dragging the week's net inflows to a heroic $6.1M. Yes, six. The same desk that walked out with $746.3M midweek is now celebrating "broadening demand" like a courier proud his threadbare hull only leaks on one side. Fun timing: the outflows landed right around the Fed's 25bp hike, though the data won't confirm causation — someone didn't read the hash manifest, as usual. BlackRock still won the full week ($120.6M vs Fidelity's $79.9M), so one Friday session proves participation, not a regime change. Where's my cut of that rebound? Until Fidelity shows up two Fridays in a row, this is aggressive passive income, not a trend.