Bitcoin Chill: Fidelity’s FBTC Sees Nearly $189 Million Walk Out as Price Slump Weighs on Sentiment

Bitcoin ETF Investors Hit the Brakes as Fidelity’s FBTC Sees Nearly 1% of Assets Exit in a Day

The Fidelity Wise Origin Bitcoin Fund, FBTC, recorded a sharp reversal in sentiment on January 16, 2026, as investors pulled approximately $188.9 million from the spot Bitcoin ETF. The outflow represents about 0.98% of the fund’s latest reported assets under management (AUM), which stand at roughly $19.2 billion, marking one of the more notable single-day retrenchments for a major U.S. Bitcoin vehicle in recent weeks.

The scale of the redemption is significant for a fund of FBTC’s size: while less than 1% of AUM, such a move in a single session can signal growing caution among institutional and retail holders who had previously embraced the ETF as a regulated gateway into Bitcoin exposure. The withdrawal comes as volatility and renewed risk-off positioning continue to shape sentiment across digital asset markets.

The related asset, BTC-USD, is currently trading around $90,933.51, having shed about 16.24% over the past three months. Short-term momentum has turned negative as well, with the 1-day technical outlook flashing a cautious tone at Sell. This combination of medium-term price weakness and bearish near-term signals likely contributed to FBTC’s sizable daily outflow, as some investors opted to lock in gains from earlier rallies or limit downside risk.

Still, with more than $19 billion in AUM, FBTC remains a heavyweight in the Bitcoin ETF arena, and a single day’s near-1% withdrawal may reflect tactical repositioning rather than a structural exodus. Market participants will be watching closely to see whether outflows persist if Bitcoin’s consolidation deepens, or whether renewed inflows emerge should the price stabilize or reclaim higher technical levels.

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