Fidelity Clients Buy $134M in Bitcoin in Two Days

The scale of the two-day figure matters less than its source: demand is arriving through an established custody and brokerage brand rather than a crypto-native venue, which is the channel that tends to bring in allocators who need a familiar counterparty. That said, a two-day window is a weak signal on its own, and the item offers no breakdown of whether this reflects new positions or existing clients adding. Whether the pace holds across a longer period, and whether it broadens beyond Bitcoin into other assets, is the open question.