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Finbold 2025-06-13 15:04:30

Fidelity dumps 1,820 Bitcoin to buy this crypto

On June 12, Fidelity dumped 1,820 Bitcoin ( BTC ), worth over $190 million in total, in one of the largest institutional Bitcoin moves in recent weeks. At the time of writing, the total daily volume for BTC is up 35%, sitting at $71.09 billion. The price, on the other hand, sits at $105,102, down -1.83%, suggesting short-term price volatility. BTC 24-hour price. Source: Finbold Ethereum ETFs At the same time, Fidelity bought another 3,900 ETH , amounting to over $9.8 million. While Ethereum is down -7.24% in the past 24 hours, ETH ETFs seem to be breaking records, witnessing inflows above $110 million today. Compared to Fidelity, BlackRock went the extra mile with no less than 36,640 ETH, more than $92.5 million in total. And this is just two days after its already enormous $80.6 million purchase . Whatever the numbers might suggest, all eyes seem to be on ETFs as institutional owners make unprecedented moves. What’s more, with the Ripple v. SEC case potentially nearing a settlement, altcoin ETFs are likely to become an even hotter topic in the following weeks. Featured image via Shutterstock The post Fidelity dumps 1,820 Bitcoin to buy this crypto appeared first on Finbold .

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