Amidst a backdrop of volatile markets, Fidelity’s FBTC Bitcoin ETF saw a staggering $261 million influx on Monday alone, surpassing its counterparts. Notably, BlackRock’s IBIT also experienced a positive response with $35 million in inflows, reflecting a growing appetite for crypto-based financial products among traditional investors.

While traditional Bitcoin investment vehicles like the Grayscale Bitcoin ETF (GBTC) continue to witness significant outflows, analysts anticipate a slowdown in this trend.&middot

For the full story, head over to TheCurrencyAnalytics.com.