Bitcoin jitters are catching up with Fidelity’s flagship crypto vehicle. The Fidelity Wise Origin Bitcoin Fund, FBTC, logged outflows of $104.1 million on February 13, 2026, trimming its assets under management to $12.27 billion. The single-day redemption represented roughly 0.85% of AUM, marking one of the sharper pullbacks in recent trading sessions.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The related asset, BTC-USD, is currently trading at $68,087.76 after a bruising three-month slide of about 24.6%. The coin’s 1-day technical signal stands at Strong Sell, underscoring mounting bearish momentum that likely contributed to investors’ decision to de-risk from the ETF.
The outflows from FBTC suggest that even institutionally wrapped exposure is not immune to renewed downside pressure in digital assets. While longer-term holders may view the drawdown as a reset after prior highs, the scale of redemptions hints at growing sensitivity to short-term price swings and technical signals. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.