Bitcoin Slides, Fidelity Surges: FBTC Pulls In Over $150 Million as Dip Buyers Step In

Bitcoin Dip, Fidelity Rip: FBTC Draws Fresh Cash Despite Volatile Price Slide

The Fidelity Wise Origin Bitcoin Fund, FBTC, attracted another $153.35 million in net inflows on February 03, 2026, even as its underlying asset continues to struggle. The latest injection represents roughly 1.01% of the ETF’s assets under management, which now stand at $15.18 billion, underscoring persistent institutional and retail appetite for spot bitcoin exposure through regulated vehicles.

The related asset, BTC-USD, is currently trading around $76,036.40, having shed about 25.4% over the past three months. That drawdown reflects a sharp correction from recent highs, as traders reassess lofty valuations amid shifting macro expectations and ongoing regulatory scrutiny. On a shorter time frame, technicals remain fragile, with a 1-day signal flashing Sell, suggesting near-term downside pressure may not yet be exhausted.

Yet the continuing inflows into FBTC point to a different narrative beneath the day-to-day price action: longer-horizon investors appear to be leaning into the weakness, treating the recent pullback in bitcoin as an opportunity to build positions via a familiar ETF wrapper. With more than $15 billion now parked in the fund and over 1% of that capital arriving in a single day, the data hints at a growing divide between short-term technical caution and longer-term conviction in bitcoin’s role as a speculative macro asset and potential digital store of value.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.