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$1.82B Withdrawn From US Spot Bitcoin and Ether ETFs Over Five Trading Days

Fund flows show a $1.82 billion pullback from spot Bitcoin and Ether ETFs amid a metals market rally, while some analysts note Bitcoin's strong prior performance.

Jan 31, 202612:06 PMNewsroom AI

U.S.-based spot Bitcoin and Ether exchange-traded funds recorded $1.82 billion in net outflows over the past five trading days, according to industry reports tracking ETF flows [1][2][4].

Breakdowns show Bitcoin-focused ETFs accounted for the largest portion of withdrawals, with recent reporting indicating roughly $978 million in outflows; BlackRock’s IBIT ETF experienced a $103 million single-day outflow, while Ethereum-focused ETFs reported about $75.4 million in net outflows in the same period [3].

Market observers linked the withdrawals to a rally in metals that drew investor interest away from crypto products, and ETF analyst Eric Balchunas said some market participants are overlooking Bitcoin’s strong gains in 2023 and 2024 when assessing the pullback [1].

The reported $1.82 billion in redemptions reflects a short-term reallocation of capital amid changing asset-class sentiment; flow monitoring will determine whether this trend persists or reverses in coming trading sessions [1][3].

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