Bitcoin ETF Investors Hit the Brakes as Fidelity’s FBTC Sees $66.6 Million Walk Out

Bitcoin ETF Investors Hit the Brakes as Fidelity’s FBTC Sees $66.6 Million Walk Out

The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, recorded net outflows of $66.6 million on January 2, 2026, a notable pullback that shaved roughly 0.38% off its $17.61 billion in assets under management (AUM). While the withdrawal represents a relatively small slice of the fund’s overall size, it underscores growing investor caution toward spot bitcoin exposure after a turbulent quarter for the underlying asset.

The related asset, BTC-USD, is currently trading at $93,425.34, down about 25.3% over the past three months. Despite that sizable drawdown, the short-term technical stance remains neutral, with a 1-day signal of Hold, suggesting neither clear bearish capitulation nor a decisive bullish reversal.

For FBTC holders, the latest outflow may reflect profit-taking from earlier gains, risk reduction amid macro uncertainty, or rotation into other risk assets. The modest proportion of AUM affected implies that core conviction in bitcoin exposure via FBTC remains largely intact, but the combination of a steep three-month price slide and neutral technicals could keep flows choppy in the near term as traders await a clearer trend.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.