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Bitcoin Chill: Fidelity’s FBTC Bleeds $168 Million as ETF Holders Cut Risk

Bitcoin Chill: Fidelity’s FBTC Bleeds $168 Million as ETF Holders Cut Risk

Bitcoin ETF Investors Head for the Exits as Fidelity’s FBTC Sees Nine-Figure Outflow

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The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, logged a sharp outflow of $168.0 million on January 30, 2026, as investors stepped back from spot bitcoin exposure. The redemption represents roughly 1.04% of the fund’s latest reported assets under management of $16.1 billion, a meaningful one-day pullback for one of the largest U.S. bitcoin ETFs.

The move comes against a challenging backdrop for the underlying cryptocurrency. The related asset, BTC-USD, is currently trading at $78,975.06, down about 23.7% over the past three months. Short-term momentum remains fragile, with a 1-day technical signal of Sell, underscoring persistent bearish sentiment after a prolonged period of profit-taking and macro-driven risk aversion.

While the latest outflow is modest relative to FBTC’s overall size, it signals a notable shift in risk appetite as traders reassess leveraged bets made during bitcoin’s previous rally. If price weakness and negative technical signals persist, more investors could move to the sidelines, pressuring both spot markets and ETF vehicles that have been crucial conduits for institutional and retail participation.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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