Bitcoin ETF Investors Tap the Brakes as Fidelity’s FBTC Sees Rare Outflow
Claim 70% 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, FBTC, recorded a sizable outflow of $120.5 million on January 09, 2026, marking a notable bout of profit-taking in one of the largest spot Bitcoin ETFs. The redemption accounts for roughly 0.67% of the fund’s $17.89 billion in assets under management (AUM), a meaningful but not destabilizing shift in positioning.
The move suggests some investors are locking in gains or reducing risk after a volatile stretch in the underlying crypto market. With FBTC still commanding a multibillion-dollar asset base, the outflow is more indicative of tactical repositioning than a wholesale loss of confidence, but it does highlight how sensitive ETF flows can be to short-term price moves and sentiment swings in Bitcoin.
The related asset, BTC-USD, is currently trading around $92,145.13. Over the past three months, Bitcoin has retreated roughly 19.8%, underscoring a corrective phase after earlier highs. Yet, the short-term picture looks more constructive: the 1-day technical signal screens as a Buy, hinting that near-term momentum and technical indicators are starting to tilt back in favor of the bulls, even as longer-horizon performance remains under pressure.
For ETF investors, this combination—moderate outflows, a sharp but not catastrophic three-month drawdown, and improving short-term technicals—points to a market in consolidation rather than collapse. Allocators will be watching whether fresh inflows return to FBTC if Bitcoin can stabilize above key support levels and sustain the nascent buy signal.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.