Fidelity’s Bitcoin ETF Sees Nearly $50M Walk Out as Crypto Slump Deepens
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The Fidelity Wise Origin Bitcoin Fund, FBTC, recorded an estimated $49.1 million in net outflows on February 19, 2026, trimming assets under management to about $12.39 billion. The latest redemption wave represents roughly 0.40% of AUM, a meaningful pullback that hints at mounting investor fatigue after a bruising stretch for Bitcoin-linked products.
The related asset, BTC-USD, is currently trading at $68,191.76, down about 22.0% over the past three months. Short-term momentum remains negative, with a 1-day technical stance flashing Strong Sell, underscoring why some holders may be locking in gains from earlier rallies or cutting risk.
While the outflow is modest relative to FBTC’s overall size, it marks a notable shift from the strong inflow trends that characterized the ETF’s early life and broader institutional adoption of spot Bitcoin exposure. If price pressure and bearish technicals persist, more investors could opt to move to the sidelines, potentially amplifying volatility in both the ETF and the underlying token.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.