Bitcoin Jitters Hit Fidelity’s Flagship ETF as Outflows Top $78 Million
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The Fidelity Wise Origin Bitcoin Fund, FBTC, saw investors pull roughly $78.6 million on April 02, 2026, marking a notable bout of risk aversion in the spot Bitcoin ETF arena. The outflow represents about 0.62% of the fund’s $12.74 billion in assets under management, a meaningful but not destabilizing shift for one of the largest U.S. crypto-linked products.
The related asset, BTC-USD, is currently trading at $66,981.61 after a bruising quarter that left it down about 28.34% over the last three months. Short-term momentum remains negative, with a 1-day technical signal of Strong Sell, underscoring why some ETF holders may be opting to lock in profits or limit losses.
Despite the latest redemptions, FBTC’s sizeable asset base suggests core institutional and retail conviction in Bitcoin exposure is intact, even as traders react to heightened volatility and shifting macro expectations. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.