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 show.
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.