Bitcoin Giant Fidelity FBTC Sees Heavy Outflows as Market Slump Deepens
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, recorded substantial redemptions on January 22, 2026, with investors pulling out $287.7 million. The move trims the fund’s assets under management to $17.47 billion, with the latest outflow representing roughly 1.65% of its total AUM — a meaningful single-day hit for one of the largest U.S. spot bitcoin ETFs.
The withdrawal underscores how sensitive ETF flows remain to underlying crypto price action. The related asset, BTC-USD, is currently trading at $88,859.99, having dropped about 18.9% over the past three months. Short-term momentum is firmly negative, with a 1-day technical signal flashing Strong Sell, suggesting traders expect further near-term weakness or, at minimum, elevated volatility.
For FBTC, the latest outflow may reflect a mix of profit-taking from early entrants and waning risk appetite as bitcoin’s rally stalls. While a 1.65% AUM swing is not yet indicative of a structural exodus, it highlights how quickly institutional sentiment can shift when macro uncertainty rises and technical indicators turn against the asset.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.