{"id":47436,"date":"2026-02-05T11:35:00","date_gmt":"2026-02-05T11:35:00","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/02\/05\/btc-etfs-see-over-500m-in-outflows-as-bitcoin-struggles-to-stay-above-71k\/"},"modified":"2026-02-05T11:35:00","modified_gmt":"2026-02-05T11:35:00","slug":"btc-etfs-see-over-500m-in-outflows-as-bitcoin-struggles-to-stay-above-71k","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/02\/05\/btc-etfs-see-over-500m-in-outflows-as-bitcoin-struggles-to-stay-above-71k\/","title":{"rendered":"BTC ETFs see over $500M in outflows as Bitcoin struggles to stay above $71K"},"content":{"rendered":"
<\/div>\n

US spot Bitcoin exchange-traded funds recorded another day of heavy withdrawals on Wednesday, as falling cryptocurrency prices and broader risk-off sentiment continued to weigh on investor confidence.<\/p>\n

According to data from SoSoValue, investors pulled $544.94 million from US spot Bitcoin ETFs during the session, marking the second consecutive day of net outflows. <\/p>\n

The latest withdrawals followed $272 million in redemptions on Tuesday, bringing the two-day total to $816.96 million.<\/p>\n

The renewed selling pressure came as Bitcoin extended its recent decline, underscoring the fragile mood across digital asset markets.<\/p>\n

BlackRock, Fidelity, Grayscale lead outflows<\/h2>\n

Products managed by major asset managers accounted for most of Wednesday\u2019s withdrawals. <\/p>\n

BlackRock\u2019s iShares Bitcoin Trust, known as IBIT, led the day\u2019s outflows, with $373.44 million exiting the fund.<\/p>\n

Fidelity\u2019s FBTC followed with outflows of $86.44 million, while Grayscale\u2019s GBTC saw $41.77 million in redemptions. <\/p>\n

Funds managed by Ark & 21Shares, VanEck and Franklin Templeton also reported net outflows during the session.<\/p>\n

The withdrawals came only days after a brief rebound in flows. On Monday, spot Bitcoin ETFs attracted $562 million in net inflows, their strongest single-day intake since mid-January. <\/p>\n

The largest inflow of the year remains $843.62 million, recorded on January 14.<\/p>\n

Bitcoin hits lowest level since 2024<\/h2>\n

The outflow pressure coincided with a sharp decline in Bitcoin prices. <\/p>\n

The world\u2019s largest cryptocurrency fell below $70,000 late on Wednesday, touching its lowest level since October 2024.<\/p>\n

The move reflected broader risk aversion across global financial markets, as investors reduced exposure to higher-volatility assets. <\/p>\n

Analysts said the combination of equity market weakness, geopolitical uncertainty and tightening financial conditions has contributed to renewed pressure on digital assets.<\/p>\n

Despite a modest recovery earlier in the week, Bitcoin has struggled to regain momentum, leaving ETF investors exposed to further downside.<\/p>\n

Long-term footprint remains sizable<\/h2>\n

Even with the latest withdrawals, spot Bitcoin ETFs continue to represent a significant presence in the crypto market. <\/p>\n

Since their launch two years ago, the funds have accumulated $54.75 billion in total net inflows.<\/p>\n

Their combined net assets now account for about 6.36% of Bitcoin\u2019s total market capitalisation, highlighting the role institutional products continue to play in shaping market dynamics.<\/p>\n

Cumulative net inflows currently stand at around $54.8 billion, roughly 13% below the peak level of $62.9 billion recorded in October last year.<\/p>\n

\u201cThat\u2019s not too shabby considering these funds took in around $63 billion at their peak,\u201d James Seyffart, an ETF analyst at Bloomberg, wrote in a post on X on Wednesday.<\/p>\n

Pressure spreads to other crypto ETFs<\/h2>\n

Outflows were not limited to Bitcoin products. <\/p>\n

US spot Ethereum ETFs recorded $79.48 million in net withdrawals on Wednesday, with activity concentrated in two funds. <\/p>\n

BlackRock\u2019s iShares Ethereum Trust saw $58.95 million leave the product, while Fidelity\u2019s Ethereum Fund reported $20.53 million in outflows. <\/p>\n

Other Ethereum ETFs posted flat flows.<\/p>\n

By contrast, US spot XRP ETFs attracted $4.83 million in net inflows, with Franklin Templeton\u2019s XRP Fund accounting for more than half of the total. <\/p>\n

Spot Solana ETFs, however, posted net outflows exceeding $6 million.<\/p>\n

The post BTC ETFs see over $500M in outflows as Bitcoin struggles to stay above $71K<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

US spot Bitcoin exchange-traded funds recorded another day of heavy withdrawals on Wednesday, as falling cryptocurrency prices and broader risk-off sentiment continued to weigh on investor confidence. According to data from SoSoValue, investors pulled $544.94 million from US spot Bitcoin ETFs during the session, marking the second consecutive day of net outflows. The latest withdrawals <\/p>\n","protected":false},"author":1,"featured_media":47437,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-47436","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/47436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=47436"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/47436\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/47437"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=47436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=47436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=47436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}