Bitcoin spot ETFs recorded $394.68 million in net outflows on January 16, ending a four-day inflow streak. The reversal followed $1.81 billion that flowed into Bitcoin funds earlier in the week.
The outflows marked a shift after strong demand between January 12 and January 15. During that period, Bitcoin ETFs nearly erased losses from early January selling.
BlackRock’s IBIT was the only Bitcoin ETF to post inflows, adding $15.09 million. Fidelity’s FBTC led withdrawals with $205.22 million, followed by Bitwise’s BITB and Ark & 21Shares’ ARKB.
Grayscale’s GBTC also recorded outflows, while several other Bitcoin ETFs saw no activity for the day. Total Bitcoin ETF assets fell to $124.56 billion from $125.18 billion.
In contrast, Ethereum spot ETFs continued to attract capital. They posted $4.64 million in net inflows on January 16, extending a five-day positive streak.
The Ethereum inflow run began on January 12 and has brought in a total of $478.04 million. Total assets under management rose to $20.42 billion.
Market data shows institutions may be taking profits in Bitcoin while maintaining exposure to Ethereum. Analysts say the split trend points to selective positioning rather than broad risk reduction.
Other crypto ETFs showed mixed activity. XRP spot ETFs recorded small inflows, while Solana ETFs saw modest outflows, reflecting uneven demand across digital assets.
