Fidelity buys $237M worth of Bitcoin as FBTC inflows jump

Fidelity's spot Bitcoin ETF pulled in $236.7 million in a single day, sending a fresh wave of client cash into actual Bitcoin Fidelity just went shopping, and the receipt is long. The asset manager bought $236.72 million worth of Bitcoin, a purchase tied to a strong day of client demand for its spot Bitcoin ETF. Fidelity’s Wise Origin Bitcoin Fund, which trades under the ticker FBTC, logged net inflows of $236.7 million on November 5, 2026, according to data from Farside Investors. When investors send that much money into a fund built to hold Bitcoin, the fund has to go buy Bitcoin. How a fund inflow becomes a Bitcoin purchase FBTC holds real Bitcoin, not futures contracts or other paper bets on where the price might go. So the November 5 inflow was more than an accounting entry. Client dollars flowing into FBTC turned directly into demand for the underlying coin. The $236.7 million figure from Farside lines up with the approximately $236.72 million purchase attributed to Fidelity. A bigger day than usual For context, FBTC’s recent track record shows plenty of activity, just not always at this scale. The fund has recorded client purchases in the range of $23 million to $25 million ...