📣 Bitcoin ETF Outflows Surge as Bitcoin Trades Below $95,000

posted  11 hr ago
Photo - Bitcoin ETF Outflows Surge as Bitcoin Trades Below $95,000
Major spot Bitcoin ETFs are experiencing significant outflows as prices dip and investors grow increasingly cautious.
Fidelity’s spot Bitcoin ETF saw its largest daily outflows since its launch. On January 8, the Fidelity Wise Origin Bitcoin Fund (FBTC) experienced outflows exceeding $258 million, accounting for about 45% of the day’s total net outflows.

Overall, Bitcoin ETFs lost $569 million in outflows, according to Farside Investors

The iShares Bitcoin Trust ETF (IBIT), the largest Bitcoin ETF launched by Blackrock, recorded $124 million in outflows. Meanwhile, the ARK 21Shares Bitcoin ETF (ARKB) lost $148 million, and the Bitwise Bitcoin ETF saw over $11 million in outflows.

Many investors appear to be pulling out as Bitcoin’s price falls below $95,000. Currently, BTC trades at around $93,400, with a market cap of over $1.8 trillion.

This wave of outflows highlights the fragility of investor confidence when crypto faces market volatility. Spot ETFs were expected to provide a safer way for people to invest in digital assets, but these trends show that even these instruments aren’t immune to the market’s ups and downs.

That said, some analysts view this as a temporary setback. Long-term believers in Bitcoin and other cryptocurrencies remain hopeful for a rebound, especially as market fundamentals strengthen and regulatory clarity improves.