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BlackRock's IBIT took in $196 million in a day while Fidelity's FBTC had one positive day all week. IBIT vs FBTC, explained.
BlackRock's iShares product dominated Wednesday's activity with more than $648 million in new investments.
In a surprising turn of events, BlackRock’s iShares Bitcoin Trust (NASDAQ: IBIT) recorded a remarkable $196 million in inflows on October 1, 2026. This was the largest single-day inflow for any U.S. spot Bitcoin (CRYPTO: BTC) fund that week. In contrast, the Fidelity Wise Origin Bitcoin Fund (CBOE: FBTC) experienced a…