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Breaking: BlackRock, Fidelity Expand Bitcoin Holdings, Buy Worth $90,600,000

Key Insights

  • BlackRock and Fidelity recorded $90.6 million in Bitcoin ETF inflows.
  • Ethereum ETFs see $93.6 million in outflows on the same day.
  • Market activity slows during the ongoing U.S. government shutdown.

BlackRock and Fidelity Investments increased their Bitcoin holdings on October 23, 2025, in the United States.

They added $90.6 million through their spot Bitcoin ETFs. This comes while overall trading activity slows.

Farside Investors’ data shows the inflows came from only two funds, and no Bitcoin ETF recorded outflows that day.

BlackRock And Fidelity Increase Bitcoin ETF Inflows

Bitcoin ETF inflows reached $90.6 million in total. Farside Investors data shows Fidelity FBTC brought in $57.92 million. BlackRock IBIT added $32.68 million.

BlackRock and Fidelity BTC ETF Inflows | Source: Ash Crypto

Per the update, the two firms made the full amount reported for the day. Their buying shows a strong interest in Bitcoin from major asset managers.

Meanwhile, Bitcoin ETF trading value went down to $3.34 billion, and net assets reached $149.96 billion.

That equals 6.78% of the Bitcoin market cap. Even with lower trading volume, the new inflows help support Bitcoin exposure among large investors.

As of this writing, the largest digital asset, Bitcoin, was traded at $111,570.49, up 0.35% in 24 hours. Trading volume was down around 19.32% to $40.42 billion.

The market cap stood near $2.22 trillion. Bitcoin remains higher than the day before, showing a slow recovery.

BlackRock and Fidelity have continued to add Bitcoin through ETFs this year. Their buying helps shape the market, since many investors watch their moves.

Ethereum Records Outflows On The Same Day

It is worth noting that Ethereum ETFs did not match Bitcoin activity. They recorded $93.6 million in outflows on the same date.

Farside Investors’ data shows BlackRock ETHA saw outflows of $100.99 million. Grayscale ETH recorded $7.40 million in inflows, which balanced only a small part of the losses.

Ethereum ETF trading value fell to $1.41 billion as net assets totaled $26.39 billion. That equals 5.55% of the Ethereum market cap, a slight decline from the day before.

Ethereum traded at $3,941.92, down by 0.53% in 24 hours. Its trading volume fell 29.21% to $26.57 billion as it shows slower activity across the market.

Market Watches Conditions During Shutdown

The United States government has been in a shutdown for the past 25 days. Data from Myriad shows 79% of traders think it will continue into November.

The shutdown could affect investor choices, as some wait for more clarity. Even with slower trading, both Bitcoin and Ethereum trade higher than the previous day.

The move by BlackRock and Fidelity adds support for Bitcoin. Their recent $90.6 million purchase shows steady demand at a time when the market is still careful. Investors will continue to watch ETF flows as conditions develop.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Godfrey Benjamin
Godfrey Benjaminhttps://www.thecoinrepublic.com/
Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his vast experience covering various aspects of Web3, Godfrey's articles has been featured on Blockchain.news, Cryptonews and Coingape, among others.