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Bitcoin ETF Takes a Breather: Fidelity’s FBTC Logs $86 Million Outflow as Rally Cools

Bitcoin ETF Takes a Breather: Fidelity’s FBTC Logs $86 Million Outflow as Rally Cools

Bitcoin ETF Sees Rare Outflow as Rally Pauses

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The Fidelity Wise Origin Bitcoin Fund, FBTC, recorded net outflows of $86.1 million on May 13, 2026, trimming exposure after a strong spring run-up in crypto markets. The withdrawal represents roughly 0.57% of the fund’s $15.18 billion in assets under management, a modest but notable shift for one of the largest spot bitcoin ETFs.

The related asset, BTC-USD, is currently trading at $79,679.58 after gaining about 13.26% over the past three months, underscoring that the outflow comes amid still-positive medium-term performance. Short-term trading signals remain cautious, with a one-day technical stance sitting at Hold, suggesting investors are reassessing risk rather than abandoning the asset class.

The flow reversal may reflect profit-taking by institutional holders that accumulated earlier in the rally, as well as lingering uncertainty over macro policy and regulatory headlines. With FBTC still commanding a multibillion-dollar asset base and bitcoin hovering near elevated levels, the move looks more like a breather than a wholesale rotation out of digital assets.

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

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