Bitcoin jitters hit Fidelity as FBTC records sharp outflow
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, saw investors pull roughly $205.2 million on January 20, 2026, marking one of its more notable single-day redemptions in recent weeks. The outflow represents about 1.08% of the fund’s latest reported assets under management, which stand at $18.97 billion, suggesting that while the move is meaningful, it stops short of signaling a full-scale investor exodus.
The related asset, BTC-USD, is currently trading at $89,911.24. Over the past three months, Bitcoin has retreated nearly 17%, a drawdown that has tempered some of the enthusiasm that fueled earlier inflows into spot bitcoin ETFs such as FBTC. Short-term trading sentiment remains fragile, with a 1-day technical reading flashing a Strong Sell signal.
The latest FBTC outflow underscores how quickly institutional and retail positioning can shift when Bitcoin loses momentum, even in products that have accumulated substantial scale. While a 1% move in AUM may not alter the long-term growth story for spot bitcoin ETFs, it highlights growing sensitivity to price volatility and technical signals as investors reassess risk exposure around the $90,000 level.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.