Fidelity FBTC: Bitcoin ETF Sees $39.6M Outflow
Fidelity FBTC posted a $39.6 million Bitcoin ETF outflow on May 16 as BTC trades at $79,154 with bearish 4h momentum intact.
SourceAnalysis
Fidelity (FBTC) recorded a $39.6 million outflow in the latest Bitcoin ETF daily flow data released May 16, 2026.
BTC price action remains under pressure at $79,154.74. The 4h chart shows price trapped inside the Bollinger Bands while testing the upper band resistance near $81,966. With RSI at 40.95 and MACD locked in a death cross at -301.82, the structure favors a pullback toward the EMA50 support at $80,250 before any sustained recovery attempt.
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