Market News / Story
Fidelity's reported $197M Bitcoin sale has no confirmation behind it
Crypto Briefing ·
Crypto Briefing reports: A post on X made a short and alarming claim: Fidelity sold $197.09 million worth of Bitcoin. Nothing in the available record confirms that a sale happened. Research into the claim points to a familiar culprit. On-chain transfers and ETF flow data were read as something they are not. That distinction matters because Fidelity is not just another wallet on the blockchain. Through Fidelity Digital Assets, the firm provides institutional custody, and it also operates the…