Bitcoin Jitters Hit Fidelity as FBTC Sees Near $105 Million Walkout
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The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, recorded net outflows of $104.1 million on February 13, 2026, signaling renewed investor caution toward spot Bitcoin exposure. With assets under management at $12.27 billion, the latest redemption wave accounts for roughly 0.85% of the fund’s capital base, a meaningful but not yet destabilizing move.
The related asset, BTC-USD, is currently trading at $68,070.50 after a bruising three months in which it has shed about 25.4% of its value. Short-term momentum remains bearish, with the one-day technical outlook flashing a Strong Sell signal that appears to validate the caution reflected in FBTC’s latest flows.
The pullback underscores how quickly enthusiasm can ebb in the spot Bitcoin ETF trade, where flows tend to track both price volatility and regulatory headlines. While FBTC still commands a sizable asset base, continued weakness in Bitcoin could invite further redemptions as short-term holders lock in profits or cut risk, leaving longer-term allocators to decide whether this correction represents pain or opportunity.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.