Fidelity Clients Buy $413.1M in Bitcoin in Nine-Day Streak as BTC Reclaims $80K

Bitcoin’s return above $80,000 has coincided with sustained buying among Fidelity clients, who recorded $413.1 million in net BTC purchases across the latest nine market days.

Client activity remained net positive on every day the market was open during the period. Since Fidelity’s Bitcoin ETF went live, cumulative BTC purchases by its clients have surpassed $10 billion, according to blockchain analytics platform Arkham.

The latest buying came during a sharp rebound in the cryptocurrency. Bitcoin advanced 25.0% over the past 14 days to reclaim $80,000, according to CoinGecko.

Source: Arkham