Bitcoin ETF Shrugs Off Price Slump as Fresh Inflows Lift Fidelity’s FBTC
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The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, attracted $19.45 million in net inflows on January 29, 2026, even as its underlying asset continues to trade well below recent highs. The latest flow represents roughly 0.11% of the fund’s $17.32 billion in assets under management (AUM), a modest but notable allocation shift that signals ongoing institutional and retail interest in spot bitcoin exposure.
While the flow is small relative to FBTC’s overall size, the direction matters: investors are adding capital despite a sharp three-month pullback in bitcoin prices. That suggests a segment of the market is treating the recent weakness as an opportunity to build positions rather than a reason to exit.
The related asset, BTC-USD, is currently trading at $82,988.03, down about 23.8% over the past three months. Technically, however, the short-term picture remains cautious, with a 1-day signal of Sell, highlighting ongoing downside pressure and fragile sentiment in the spot market.
The divergence between continued inflows into FBTC and the negative near-term technical outlook for bitcoin reflects a familiar pattern among long-term crypto allocators: using price drawdowns to scale into regulated ETF structures, even as traders remain wary of further volatility. If the selling pressure in bitcoin stabilizes, these incremental inflows could position FBTC to benefit quickly from any renewed risk appetite in digital assets.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.