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Fidelity Adds $438.9 Million of Bitcoin, Ethereum and Solana to ETF Holdings

Fidelity's ETF products bought $438.9 million in Bitcoin, Ethereum and Solana over 20 trading days, per Arkham Intelligence data cited by U.Today.

Why it matters

The purchases show continued institutional accumulation via regulated ETF products, though the significance is limited to a single data snapshot from one analytics provider.

Key facts

Bitcoin price retreated from around $87,000 to around $81,000 during this period.

87,000 USDReported by U.Today

What happened

U.Today reports that Fidelity purchased a total of $438.9 million worth of Bitcoin, Ethereum and Solana through its ETF products over the past 20 trading days, according to onchain data from Arkham Intelligence. The Fidelity spot Bitcoin ETF (FBTC) accumulated $354.1 million in BTC, while the firm bought $66.6 million in Ethereum and $18.2 million in Solana over the same period. The purchases signal sustained demand across Fidelity's crypto ETF offerings, with Bitcoin seeing the largest inflows. Bitcoin's price retreated from around $87,000 to $81,000 during this period. Only one outlet covers this story; all claims are attributed to U.Today's reporting of Arkham Intelligence data.

How the story developed

  1. First report

    First report by U.Today

    Fidelity Adds $438 Million of Bitcoin, Ethereum and Solana to Its Holdings

    U.Today

  2. Update

    U.Today reports Fidelity ETF purchases per Arkham Intelligence data

    Article published citing onchain data showing $438.9M in combined BTC, ETH, SOL purchases over 20 trading days

    U.Today

Affected entities

Original sources

PublisherReportRolePublished
U.Today
Crypto media
Fidelity Adds $438 Million of Bitcoin, Ethereum and Solana to Its HoldingsOriginal