Bitcoin Jitters Hit Fidelity as FBTC Logs $159 Million in Outflows
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The Fidelity Wise Origin Bitcoin Fund, FBTC, saw significant redemptions on March 09, 2026, with investors pulling out roughly $158.5 million. That marks an outflow equal to about 1.26% of its latest assets under management, which stand at $12.62 billion, signaling a notable bout of caution among shareholders.
The move comes as the related asset, BTC-USD, trades around $69,423.57 after a challenging quarter. Bitcoin has dropped about 24.81% over the past three months, yet its 1-day technical signal sits at a cautious Hold, suggesting traders are pausing rather than capitulating.
FBTC’s outflows may reflect profit-taking and risk reduction after a volatile stretch, rather than a wholesale rejection of the asset class. With Bitcoin still holding near elevated historical levels despite the drawdown, ETF flows are likely to remain sensitive to macro signals and regulatory headlines in the coming weeks.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.