Fidelity’s Bitcoin ETF Feels the Chill as Outflows Chip Away at Record Haul
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The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, logged net outflows of $16.93 million on April 24, 2026, a modest but notable reversal for one of the longest-standing spot Bitcoin ETFs. With assets under management now at roughly $14.61 billion, the latest redemption wave represents about 0.12% of the fund’s capital base, hinting at cautious positioning rather than a wholesale investor exodus.
The related asset, BTC-USD, is currently trading at $78,058.01 after shedding 12.62% over the past three months, underscoring the pullback that has tempered earlier euphoria. Despite that medium-term slide, the one-day technical outlook flashes a Buy signal, suggesting short-term momentum traders may see the latest dip and ETF outflows as an opportunity rather than a warning.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.