Bitcoin Jitters Rattle Fidelity’s Flagship ETF as Nearly 1% of Assets Exit in a Day
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The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, saw notable outflows on January 16, 2026, with investors pulling $188.9 million from the spot Bitcoin ETF. The move, while modest in percentage terms at just under 1% of its $19.2 billion in assets under management, underscores mounting unease around Bitcoin’s latest downturn and the durability of institutional demand.
Despite its scale and brand backing, FBTC is not immune to the shifting sentiment around digital assets. A single-day flow equal to roughly 0.98% of AUM suggests larger holders may be trimming exposure rather than exiting outright, but the direction of travel aligns with a broader cooling toward Bitcoin after an extended period of volatility and profit-taking.
The related asset, BTC-USD, is currently trading at $89,045.31, having fallen about 17.38% over the past three months. Technically, the picture remains under pressure, with the 1-day signal flashing a bearish Strong Sell, reinforcing the narrative that short-term momentum is working against bulls even as long-term proponents continue to argue for Bitcoin’s role as digital collateral or macro hedge.
For ETF investors, the combination of sizable outflows, declining prices, and negative technicals highlights a more discerning phase of the crypto cycle, where funds like FBTC are increasingly used as tactical tools to fine-tune exposure rather than simply accumulate Bitcoin at any price. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.