Financial services giant Fidelity has been active recently in the field of Digital Money ETFs, attracting market attention. According to reliable sources, Fidelity's two major Crypto Assets ETF products, FBTC and FETH, have significantly increased their open interest in a short period.

The FBTC Bitcoin ETF has purchased a total of 305.37 BTC, approximately 32.61 million USD, from the Coinbase exchange and market maker Cumberland DRW in the last 3 hours. Meanwhile, the FETH Ethereum ETF has purchased 1998 ETH from Coinbase in the past 2 hours, worth approximately 4.85 million USD.

This series of operations indicates that, despite the severe volatility in the cryptocurrency market, institutional investors' interest in digital assets remains high. Fidelity, as a traditional financial giant, has been actively positioning itself in the cryptocurrency ETF sector, which not only reflects the company's optimism about the prospects of digital assets but also injects a shot of adrenaline into the entire cryptocurrency market.

As the market performance of mainstream crypto assets such as Bitcoin and Ethereum gradually stabilizes, more institutional investors may enter this emerging market through financial tools like ETFs. Fidelity's increase in holdings may serve as a model for other financial institutions to follow, further promoting the institutionalization process of the crypto assets market.

However, investors still need to cautiously assess risks and closely follow market trends and changes in the regulatory environment. The high volatility and uncertainty of the crypto assets market remain factors that cannot be ignored. In the future, how to achieve a balance between seizing opportunities and controlling risks will be an important issue for institutional investors.