Fidelity's FBTC Draws $236.7 Million Inflows, Prompting Direct Bitcoin Spot Purchases

Fidelity's Wise Origin Bitcoin Fund recorded $236.7 million in net inflows on November 5, 2026, leading the asset manager to purchase approximately $236.72 million worth of spot Bitcoin. The single-day total marks a sharp acceleration from FBTC's typical daily inflows of $23 million to $25 million in 2026. The influx more than doubled the fund's previous surge of $103.1 million recorded on October 13, when total U.S. spot Bitcoin ETF inflows reached $175.7 million. Alongside ETF demand, corporate treasuries supported absorption by purchasing 135,979 BTC via preferred stock issuances through early October.