U.S.-listed spot bitcoin and ether ETFs together recorded nearly $1 billion in one-day outflows on Jan. 29, 2026, with $817.9 million withdrawn from bitcoin ETFs and $155.6 million pulled from ether ETFs during the session. The bitcoin withdrawals — $817.9 million — represented the largest daily outflow since Nov. 20. Among individual funds on Jan. 29, BlackRock’s IBIT shed $317.8 million, Fidelity’s FBTC lost $168 million and Grayscale’s GBTC saw $119.4 million exit from the funds that day.
On January 29, 2026, U.S.-listed spot bitcoin and ether ETFs experienced substantial outflows, totaling nearly $1 billion. A significant portion, amounting to $817.9 million, was withdrawn from bitcoin ETFs, marking the largest single-day outflow since November of the previous year. Ether ETFs also saw considerable losses, with $155.6 million exiting these funds on the same day.
Noteworthy individual fund outflows included BlackRock’s IBIT, which faced a $317.8 million withdrawal, Fidelity’s FBTC with a $168 million outflow, and Grayscale’s GBTC seeing $119.4 million withdrawn. Additionally, the total assets under management in ether ETFs fell to $16.75 billion, down from over $18 billion at the beginning of January.
On Jan. 29, 2026, bitcoin fell through $85,000 and slid toward $81,000 during U.S. trading hours, before trading near $83,000 in Asian morning hours. Ether declined by more than 7% on the same day. Those price movements coincided with large ETF outflows reported on Jan. 29, 2026. The intraday swings formed the market backdrop for reported fund redemptions and trading activity that session.
Synchronized selling across bitcoin and ether ETFs suggests institutional investors were reducing overall crypto exposure. ETF flows appeared to be tracking price action rather than leading it, and investors were waiting for volatility to cool before stepping back into the market. Rising implied volatility, weakness in equities, and speculation around future Federal Reserve leadership were cited as factors weighing on sentiment. Leveraged positioning in crypto markets was unwound aggressively, adding pressure to spot prices.
Analysts expect ETF demand to stay fragile as long as bitcoin and ether remain under pressure. Market participants remained cautious amid elevated volatility and broader equity weakness on Jan. 29, 2026.
Leveraged positioning in crypto markets was unwound aggressively, adding pressure to spot prices. Synchronized selling across bitcoin and ether ETFs suggested institutional investors were reducing overall crypto exposure. ETF flows appeared to be tracking price action rather than leading it, with investors waiting for volatility to cool before stepping back in. Analysts expect ETF demand to stay fragile as long as bitcoin and ether remain under pressure.
On Jan. 29, 2026, U.S.-listed spot bitcoin and ether ETFs registered significant one-day outflows that coincided with notable price declines. Institutional investors showed a cautious response, with synchronized selling across bitcoin and ether ETFs and evidence that ETF flows were tracking price action as market participants awaited reduced volatility before stepping back into the market. Analysts also noted that the unwinding of leveraged positions added pressure on spot markets and that ETF demand was likely to remain fragile while prices stayed under pressure.
