Bitcoin Jitters: Fidelity’s Flagship FBTC ETF Sees Fresh Wave of Outflows
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The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, recorded net outflows of $44.56 million on January 28, 2026, as investors pulled cash from one of the largest U.S. spot bitcoin ETFs. The redemption represents roughly 0.26% of the fund’s latest reported assets under management, which stand at $17.23 billion, a modest but notable bleed for a vehicle that has been a core access point to the crypto market for mainstream investors.
The related asset, BTC-USD, is currently trading around $82,222, having shed about 19.5% over the past three months. That retreat from recent highs underscores the renewed volatility gripping digital assets, with shorter-term traders reassessing risk amid shifting macro expectations and lingering regulatory uncertainties around the sector.
From a technical perspective, bitcoin’s near-term picture remains fragile. The 1-day signal on BTC shows a Strong Sell, suggesting momentum indicators and trend signals are aligning on the downside, at least in the immediate horizon. While the latest outflow is small in percentage terms for FBTC, it may reflect a broader pattern of cautious repositioning as sophisticated investors react to both price weakness and bearish technical cues.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.