On September 19, Fidelity Wise Origin Bitcoin Fund rose 5.8% in regular trading, trading at $70.4/share, with turnover of $235 million. The rally tracked a broad rebound in Bitcoin, which surged above $80,000 to approximately $80,443, recovering losses from earlier in the week.

The move was driven by improving risk appetite as investors digested two major events: the failure of the Clarity Act, a key U.S. crypto regulatory bill that fell short in a procedural Senate vote, and the Federal Reserve's first rate hike since 2023, raising the benchmark rate by 25 basis points to 3.75%-4.00%. Both developments had been largely anticipated by markets, with the Fed hike carrying a probability above 90% ahead of the decision, meaning much of the negative impact was already priced in.

Supporting the rally, Bitcoin spot ETFs attracted approximately $159 million in net inflows on the prior session, contrasting sharply with the $450 million outflow seen on September 15. BTC open interest also surged 8.21% over 24 hours to $56.07 billion, signaling renewed leveraged positioning to the upside.

Fidelity Wise Origin Bitcoin Fund seeks to track the performance of bitcoin as measured by the Fidelity Bitcoin Reference Rate, adjusted for the Trust's expenses and other liabilities.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)