Fidelity Buys $83M BTC as ETF Inflows Snap 5-Week Outflow Streak

Fidelity buys $83M BTC as ETF inflows hit $257.7M and AUM drops 30.5%, with Bitcoin holding near $60K support.

Fidelity added about $83 million in Bitcoin through its spot ETF, as institutional interest shows early signs of recovery.

The move comes while Bitcoin steadies after recent selling pressure. It also follows several weeks of consistent outflows from spot Bitcoin ETFs.

Fidelity Leads Bitcoin ETF Inflowskjmk

Fidelity’s Wise Origin Bitcoin Fund posted the largest daily inflow among U.S. spot Bitcoin ETFs.

The fund added about $83 million in one session. This shift follows a period of consistent outflows.

Data from Farside Investors shows total net inflows reached $257.7 million on February 25.

This ended a five-week outflow streak of about $3.8 billion. The change indicates renewed institutional activity.

Cumulative net inflows into U.S. spot Bitcoin ETFs remain above $54 billion. This is lower than the October 2025 peak. However, it still shows continued long-term allocation.

Meanwhile, total assets under management have dropped by 30.5% this year.

AUM declined from about $117 billion to $81.3 billion. This reflects reduced exposure during recent market weakness.

Mixed Flows Across Other Bitcoin ETFs

Other Bitcoin ETFs showed mixed activity during the same session. BlackRock’s IBIT recorded outflows of about $70.7 million.

ARK 21Shares Bitcoin ETF also saw outflows of $4.8 million. Several other funds reported no daily flows.

These include BITB, BTCO, EZBC, BRRR, HODL, BTCW, GBTC, and BTC. This reflects limited activity across much of the market.

The contrast between inflows and outflows shows uneven participation. While some funds added capital, others saw withdrawals.

This indicates a cautious approach among institutions. Overall, the net flow remained slightly positive.

However, the low total suggests that strong conviction is still lacking. Market participants continue to adjust positions.

Related Reading: Bitcoin ETF Inflows Hit $93M as BlackRock and Fidelity Add BTC

Bitcoin Holds Support as Market Waits for Direction

Bitcoin remains in a corrective phase after reaching highs near $120,000. The price later dropped to around $60,000, marking a near 50% decline.

Such corrections have occurred in past cycles. The $60,000 to $65,000 range is acting as key support.

Buyers have defended this zone in recent sessions. Price stability here remains important for short-term direction.

Resistance is seen between $75,000 and $80,000. A break above this range could lead to further upside. Failure to move higher may keep the price in a range.

Momentum indicators remain neutral. The RSI is near the mid-range, showing no clear trend. At the same time, MACD shows a weak upward signal.

The market is currently range-bound. Traders are watching support and resistance levels closely. The next move depends on the price reaction at these levels.

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