Bitcoin Giant Fidelity Sees Investors Tap the Brakes as Outflows Hit $312 Million
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The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, recorded a sharp single-day outflow of $312.24 million on January 7, 2026, as investors pulled back exposure to spot bitcoin. The redemption represents roughly 1.68% of the fund’s latest reported assets under management, which stand at $18.61 billion, signaling a meaningful but not yet destabilizing bout of profit-taking or risk reduction.
The move comes against a backdrop of renewed volatility in the underlying cryptocurrency. The related asset, BTC-USD, is currently trading at $90,234.03, having slid about 25.49% over the past three months. Despite that steep pullback, the short-term technical picture is less decisive: the 1-day technical signal remains a cautious Hold, underscoring a market caught between buyers eyeing discounted entry points and sellers wary of further downside.
For FBTC, the latest outflow highlights how sensitive institutional and retail fund flows remain to bitcoin’s drawdowns. While the fund still commands a substantial asset base, a withdrawal of this size in a single session illustrates how quickly sentiment can swing when the world’s largest cryptocurrency gives back a quarter of its value in just a few months. If bitcoin fails to find firmer footing near current levels, similar outflow episodes could pressure liquidity and widen the gap between committed long-term holders and more tactical ETF traders.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.