Crypto: Bitcoin, Ether Etfs See $1b Outflows As Crypto Market Tumbles 6%
US spot Bitcoin ETF flows turned negative for January after a series of outflows this week totaling nearly $1 billion, data from SoSoValue shows.
Cryptocurrency investment products faced heavy outflows on Thursday as the total crypto market capitalization fell about 6%.
Bitcoin (BTC) and Ether (ETH) funds recorded nearly $1 billion in outflows, among the largest of the year so far, according to SoSoValue.
Spot Bitcoin exchange-traded funds (ETFs) led the sell-off, shedding $817.9 million, exceeding last Wednesday’s $708.7 million outflows and marking the largest daily outflow since November 2025.
The crypto decline coincided with broader market weakness, including a 4% drop in gold after a recent surge above $5,300, according to data from TradingView.
Industry observers linked the market slump to fresh tariff threats by US President Donald Trump and concerns over AI-related tech stocks amid Microsoft shares plunging 10%.
Bitcoin funds extended losses this week after a series of outflows, including $147.4 million on Tuesday and $19.6 million on Wednesday.
By Thursday, cumulative weekly outflows had reached $978 million, pushing Bitcoin ETF flows into negative territory for January after another $1 billion in outflows last week.
Overall, spot Bitcoin ETFs have recorded about $1.1 billion in net outflows so far this month, according to SoSoValue data.
Despite the sell-off, Bitcoin ETFs remain a significant part of the market. With $107.65 billion in assets under management (AUM), they account for about 6.5% of Bitcoin’s total market capitalization of about $1.65 trillion.
Source: CoinTelegraph