Fidelity crypto fund reportedly drew $311M in one day, TradingView reports

Fidelity crypto investors put roughly $310.72 million into the Wise Origin Bitcoin Fund (ticker FBTC) on September 18, according to TradingView’s Crypto Briefing report.

TradingView says FBTC’s $310.72 million net inflow on September 18 made up about 72% of that day’s total $433 million of net flows into U.S. spot Bitcoin ETFs.

The article adds that BlackRock’s IBIT took in about $108 million the same day, and together those two funds captured roughly 97% of net inflows across the U.S. spot Bitcoin ETF complex, per TradingView.

A dimly lit trading desk with anonymous hands pointing at a tablet displaying a candlestick chart; blurred monitors in the background, no logos or identifiable screens

TradingView also reports that since FBTC’s January 2024 launch the fund has accumulated approximately $10.36 billion in cumulative net inflows, placing it among the largest U.S. spot Bitcoin ETFs.

On a technical level, Crypto Briefing explained that when FBTC receives net subscriptions, the fund’s authorized participants buy an equivalent dollar amount of Bitcoin on the open market or through OTC desks to create shares, transmitting demand into Bitcoin order books.

An empty institutional vault hallway with indistinct crates and a single neutral clipboard on a table, no branding or identifiable facility

That mechanism is the same process driving the reported $102.53 billion in assets under management across all U.S. spot Bitcoin ETFs as of September 18, TradingView says, an amount equal to roughly 6.29% of Bitcoin’s market capitalization on that date.

The TradingView piece framed the day’s flows as part of a broader pattern: FBTC had earlier recorded a nine-day consecutive net buying streak in August that totalled $413.1 million, and the single-day move on September 18 amounted to about 75% of that multi-day accumulation.

What this means for investors is structural: when a small number of funds capture most daily flows, competition for investor capital narrows, which can concentrate trading impact in the largest ETFs, TradingView warned.

For readers tracking products and availability, related coverage on this site explains Fidelity’s wider ETF lineup and recent announcements about FBTC availability to U.S. investors.

We link to those explanatory pages below for background on the product and wider market context.

Sources

TradingView — Crypto Briefing report with figures for FBTC net inflow, IBIT flows, total U.S. spot ETF AUM, and cumulative FBTC inflows.

Fidelity ETF lineup includes spot Bitcoin and Ether funds

Fidelity bitcoin ETP FBTC available to U.S. investors, per Fidelity press release

About the author, Chris Martin

Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to some of the most complex issues shaping the American economy today. At ECIKS.org, Chris covers breaking developments across domestic economic policy, business strategy, Wall Street movements, and political decisions that ripple through financial markets. His reporting blends rigorous data analysis with accessible storytelling making critical information useful for investors, entrepreneurs, and engaged citizens alike.