Fidelity crypto ETFs take in $438.9M of BTC, ETH and SOL over 20 trading days

By Khal · · 1 min read

Editorial illustration: Gold Bitcoin, silver Ethereum and dark iridescent Solana coins slide down three metal chutes into a transparent green container on a stone pedestal.
AI-generated editorial illustration · AI-generated editorial illustration · Published Oct 9, 2026, 2:12 p.m. (57 minutes ago)

In brief

  • Fidelity ETF products received $438.9 million of BTC, ETH and SOL, Arkham data shows.
  • FBTC, Fidelity's spot Bitcoin ETF, accumulated up to $354.1 million worth of BTC.
  • Fidelity's Ethereum and Solana ETFs took in $66.6 million and $18.2 million, respectively.
  • Bitcoin recently retraced from around $87,000 to a multi-week low near $81,000, per U.Today.

Bitcoin took the lion's share

Arkham's numbers (as reported by U.Today) split the total three ways. FBTC accounted for up to $354.1 million. Fidelity also bought $66.6 million worth of Ethereum and $18.2 million worth of Solana over the same 20-trading-day window, through the Ethereum and Solana ETFs it issues alongside its Bitcoin fund.

That's a lopsided split.

Bitcoin made up roughly four out of every five dollars that came in. The spot Bitcoin ETF recorded the largest purchases of any of Fidelity's crypto ETF products, while the Ethereum and Solana funds saw what U.Today called modest purchases. It's worth being precise about what these figures represent. They're inflows into Fidelity's ETF products, not Fidelity buying crypto for its own corporate balance sheet.

Bitcoin's price pulled back

Price action is a separate question. Bitcoin recently retraced from a high of around $87,000 to a multi-week low of around $81,000, according to U.Today, which put the move down to selling by traders and retail traders in particular.

Bitcoin appears to be facing increased sell-off pressure from traders, especially retail traders.

That's U.Today's characterisation, not something the onchain data shows on its own. The publication described Fidelity's purchases as a sign of sustained institutional demand for the asset, even as Bitcoin saw a sharp price reversal.

So does the buying keep going? U.Today didn't commit either way. It said it remains uncertain whether Fidelity and other major Bitcoin funds will be able to sustain their Bitcoin buying.

For now the Arkham data shows one thing pretty clearly. Over 20 trading days, more money went into Fidelity's Bitcoin product than into its Ethereum and Solana funds combined, and it wasn't close ($354.1 million against $84.8 million).

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