Fidelity just put out research calling Bitcoin perpetual preferreds the newest demand catalyst for BTC

First reported Oct 21, 2026, 20:16 UTC

Source reports

Fidelity just put out research calling Bitcoin perpetual preferreds the newest demand catalyst for BTC 136K BTC bought with preferred proceeds since July 2025 That's 0.5%+ of the total supply in about a year $12B raised so far, out of a $150T fixed income market Spot ETPs… — @AAStack (X), Oct 21, 2026, 20:16 UTC

Excerpts are quoted from the linked sources, which own their text.