How to use Fidelity Crypto after IBIT’s recent inflow surge

BlackRock’s IBIT captured $454 million in net inflows on September 3, 2026, and this amount was 62 percent of the $731 million total US spot Bitcoin ETF inflows recorded during that single trading session. This surge follows a difficult period where IBIT alone saw $3.3 billion in outflows during June 2026. Fidelity’s FBTC added $74 million during the same September 3 session, while ARK 21Shares’ ARKB added $138 million. The Bitcoin price reached $85,430 at the time of reporting. Institutional demand concentrates in a few products, as most money flows into BlackRock and Fidelity. The total US spot Bitcoin ETF inflows for Monday reached $998.9 million, which surpassed the previous 2026 high of $844 million from January 14. The daily haul of $998.9 million also marks the largest daily inflow since October 6, 2025, when inflows exceeded $1.2 billion. Despite the September surge, US spot Bitcoin ETFs have posted about $464 million in net outflows so far in 2026. Will these inflows continue as the market holds above $80,000?

Fidelity Crypto allows users to buy, sell, and hold Bitcoin through the Fidelity Investments app or website. To begin, you must be a U.S. resident at least 18 years of age and live in a state that permits Fidelity Digital Assets to serve retail customers. You must also possess an eligible Fidelity brokerage account to fund the trades. The setup process takes only several minutes, as you already know how to navigate a standard brokerage interface. First, log in to your profile and select Fidelity Crypto as the account type. Second, designate the brokerage account that will fund the trades and select your ownership type. To fund the account from an external bank, you must select Transact, then Transfer, select the external bank, and specify the amount. You can fund the account with as little as $1. Once the funds move to the brokerage account, you move them to the crypto account. To execute a purchase, you open a trade ticket, select Bitcoin, enter the amount, and submit the order. You should review the reference price and estimated BTC amount before finalizing. Note that crypto IRAs incur a 1% fee on both purchases and sales. This 1% charge makes frequent, small-volume trades expensive for those using retirement accounts.

The way these funds hold bitcoin creates different risk profiles for investors. Coinbase Custody holds bitcoin for nine of the twelve US spot Bitcoin ETFs. Fidelity’s FBTC uses Fidelity Digital Assets, which makes it the only major fund that does not rely on Coinbase. Grayscale’s GBTC holds roughly $14.9 billion in AUM but maintains a 1.50% expense ratio. This cost makes it much more expensive than the 0.25% fee for IBIT and FBTC. Because IBIT is so dominant, a $400 million outflow day at IBIT alone can flip the entire ETF complex negative even if every other product is net positive.

Buying IBIT provides price exposure through a traditional brokerage, while Fidelity Crypto lets you hold the actual asset.