Bitcoin Chill Hits Fidelity as FBTC Sees Near-$93 Million in Outflows
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The Fidelity Wise Origin Bitcoin Fund, FBTC, saw investors pull $92.6 million on February 12, 2026, marking a notable reversal in sentiment toward the flagship spot Bitcoin ETF. The redemption represents roughly 0.73% of its $12.75 billion in assets under management, a meaningful single-day shift for a fund of its size.
The related asset, BTC-USD, is currently trading at $69,566.01, having shed about 31% over the past three months as post-rally fatigue and macro uncertainty weigh on digital assets. Short-term momentum remains weak, with the one-day technical signal flashing Sell, underscoring traders’ cautious stance.
The latest outflow suggests some institutional and retail holders are locking in profits or cutting risk as Bitcoin volatility reasserts itself after last year’s surge. While FBTC’s overall AUM base remains robust, repeated withdrawals of this magnitude could pressure liquidity across crypto markets and test the durability of the ETF-driven bid that has underpinned Bitcoin’s institutional adoption.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.