Fidelity’s Bitcoin ETF Sees Fresh Outflows as Crypto Slump Deepens
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The Fidelity Wise Origin Bitcoin Fund, ticker FBTC, logged net outflows of $51.49 million on February 27, 2026, trimming its asset base after a volatile week for digital assets. The ETF now manages $12.69 billion in AUM, with the latest redemptions representing roughly 0.41% of its total assets.
The related asset, BTC-USD, is currently trading at $66,558.78 after a bruising three-month stretch that has seen it lose about 28.42% of its value. The short-term tone remains cautious, with a 1-day technical signal flashing Sell, suggesting traders are still inclined to fade rallies rather than buy dips.
FBTC’s latest outflow underscores how quickly investor sentiment can turn in leveraged segments of the crypto ecosystem, even for marquee issuers like Fidelity. While the withdrawal is modest relative to total AUM, consistent selling pressure could force market makers to offload additional Bitcoin, potentially amplifying spot price swings in already thin liquidity conditions.
Yet the fund’s scale also highlights the staying power of institutional interest, with billions still parked in regulated Bitcoin vehicles despite the recent drawdown. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.