Bitcoin Jitters, Fidelity Flows: FBTC Investors Add Nearly $200M Despite Price Slump
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The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, logged a fresh wave of inflows on January 06, 2026, as investors funneled $191.2 million into the spot bitcoin ETF. The move lifted confidence in the fund even as the underlying cryptocurrency remains under pressure. With assets under management now at $19.31 billion, the latest intake represents roughly 0.99% of FBTC’s total AUM—a notable single-day vote of confidence in a volatile market.
The related asset, BTC-USD, is currently trading at $89,785.67, having shed about 25.7% over the past three months as traders reassessed risk appetite and digested tighter liquidity conditions. Despite the steep drawdown, the short-term technical backdrop is less decisive: the 1-day technical signal stands at Hold, suggesting neither clear bullish nor bearish momentum at the very near term.
The divergence between price weakness in bitcoin and sustained inflows into FBTC highlights a familiar dynamic in digital assets: long-horizon investors often use drawdowns to scale in, particularly via regulated, exchange-traded vehicles. With nearly 1% of FBTC’s AUM turning over in a single day, institutional and sophisticated retail players appear to be leaning into the dip rather than abandoning exposure, potentially positioning for a medium-term rebound or at least a stabilization in bitcoin’s risk profile.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.