Institutional investors in Bitcoin are facing uncertainty after Fidelity saw a significant outflow of over $129 million from its Bitcoin-based exchange-traded fund (ETF). This move, affecting both Fidelity and BlackRock’s ETFs, has triggered anxieties about the future direction of Bitcoin. While the exact reasons behind this shift remain unclear, market analysts suggest that institutional investors are increasingly cautious as Bitcoin faces volatility and regulatory uncertainties. The $129 million outflow from Fidelity’s Wise Origin Bitcoin Fund underscores the need for a deeper understanding of how institutional investor behavior is impacting the market. As the ETF landscape continues to evolve with new developments, market observers remain wary about the long-term impact on Bitcoin’s price trajectory.