According to Milk Road, Fidelity has not 'dumped' Bitcoin, but its ETF has seen significant outflows totaling $103.2 million recently. This follows previous outflows of $177.6 million on February 3rd and $268.6 million on January 27th, indicating a trend in investor movement away from this ETF product. Such large outflows could potentially impact market sentiment and trading strategies for investors evaluating the stability of cryptocurrency ETFs.