Bitcoin Dip, Fidelity Drip: FBTC Pulls in Nearly $95 Million Despite Slump
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The Fidelity Wise Origin Bitcoin Fund, FBTC, attracted fresh inflows of $94.8 million on March 03, 2026, even as bitcoin prices remain under pressure. The move lifts the ETF’s assets under management to about $13.07 billion, with the latest flow representing roughly 0.73% of total AUM, a notable single-day allocation shift for a large spot vehicle.
The related asset, BTC-USD, is currently trading at $71,531.85, down about 27.36% over the past three months as the broader crypto market digests earlier speculative excess. Short-term momentum remains fragile, with a 1-day technical signal flashing Sell, underscoring near-term caution even as longer-horizon buyers step in.
The contrast between negative price momentum and solid ETF inflows suggests that institutional and retail allocators are using the drawdown to build positions via regulated wrappers. While it is too early to call a bottom, the willingness of investors to commit nearly $95 million in a single session may signal growing confidence in bitcoin’s long-term role in diversified portfolios. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.