Bitcoin ETFs post $103.57M outflows, marking fifth straight day of redemptions
Bitcoin-focused exchange-traded funds recorded $103.57 million in net outflows on Jan. 23, extending a five-day streak of withdrawals [3].
Bitcoin exchange-traded funds recorded $103.57 million in net outflows on Jan. 23, marking the fifth consecutive trading day of redemptions, according to tracking data [3]. News coverage also characterized the session as another red day for crypto ETFs, with both Bitcoin and Ether products seeing fresh exits [2].
BlackRock’s IBIT led the withdrawals with $101.62 million in outflows, while Fidelity’s FBTC posted $1.95 million in redemptions on the day, per reporting on ETF flow data [3].
Some investor flows shifted away from Bitcoin funds: Solana- and XRP-focused ETFs attracted inflows as Bitcoin products bled, and reporting noted Bitcoin failed to hold above the $90,000 level while the broader crypto market cap stayed near $3.02 trillion [4].
The five-day streak of ETF outflows highlights continued redemptions from Bitcoin-focused funds, with rotation into other token ETFs reported amid the wider market’s muted price action [3][4].
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Citations
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- 2Another Red Day for Crypto ETFs as Bitcoin, Ether See Fresh ExitsBitcoin.com News• Jan 24, 2026
- 3Bitcoin ETFs bleed for fifth straight day as outflows hit $103.5 millioncrypto.news• Jan 24, 2026
- 4Solana and XRP ETFs attract inflows as Bitcoin funds bleedCryptopolitan• Jan 24, 2026
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