According to reports from WuBlockchain, Fidelity's Wise Origin Bitcoin Fund (FBTC) posted $14.02 million in net inflows on June 17, 2026, marking the largest single-day haul among all U.S. spot Bitcoin ETFs. This positive flow occurred despite the broader Bitcoin ETF complex experiencing a $82.16 million outflow on the same day. The divergence highlights institutional client loyalty to Fidelity's distribution channels, with the fund primarily distributed through registered investment advisers (RIAs) and institutional intermediaries.
As reported by WuBlockchain, the Federal Reserve held its policy rate at 5.25%-5.50% during the June FOMC meeting, effectively signaling that rate cuts remain a 2027 problem. This decision created macro headwinds that pushed institutional allocators toward the exit, with Bitcoin trading in the low-to-mid six-figure range at the time. Ethereum spot ETFs compounded the negative sentiment, adding $29.37 million in outflows on the same day, led by Grayscale's Ethereum Mini Trust ETF at $9.89 million.
According to latest market data, Bitcoin's price in Indian Rupees (INR) fluctuated between ₹6,042,330 and ₹6,281,483 over the past week, with the largest 24-hour price movement of ₹204,367 (3.5%) occurring on Friday. The daily exchange rate shows significant volatility, with Bitcoin trading at ₹6,042,330 on Thursday and ₹6,204,054 on Wednesday, reflecting the broader market uncertainty affecting cryptocurrency valuations across global markets.
According to WuBlockchain data, this pattern reflects ongoing consolidation within the institutional Bitcoin ETF market. In previous sessions, FBTC had led inflows at approximately $19 million while BlackRock IBIT added $26.61 million, demonstrating how the two dominant funds consistently absorb net new capital during periods when smaller issuers experience outflows. The data suggests institutional Bitcoin allocation is moving toward what Bloomberg ETF analyst James Seyffart has described as a market effectively moving toward two-fund dominance.
