
Fidelity clients purchased about $23.92 million worth of Bitcoin, continuing a trend of significant institutional investment through the firm's crypto platforms. Fidelity has been involved in Bitcoin since 2014 and offers both institutional and retail services, including a spot Bitcoin ETF. This steady buying highlights growing institutional interest in Bitcoin as a portfolio diversifier, supported by Fidelity's integrated platform that serves both retail and large investors. Fidelity's early experience and broad offering give it a competitive edge in the crypto market.