Fidelity's Wise Origin Bitcoin Fund Becomes 5th Most Popular ETF

Fidelity's Wise Origin Bitcoin Fund (FBTC) is currently the fifth most popular exchange-traded fund (ETF) in the market, attracting about $6.9 billion since its launch on Jan. 12, according to Bloomberg Intelligence. The fund is the second spot bitcoin ETF to crack the top five, and BlackRock's iShares Bitcoin Trust (IBIT) rounded out the top five in February. The top fund based on 2024 inflows is Vanguard's SP 500 ETF (VOO), which has attracted more than $24 billion. iBIT is third with $12.5 billion, trailing iShares Core SP 500 ETF (IVV), which has had inflows of just over $15 billion this year.