Bitcoin ETFs Shed $243M as Crypto Market Rally Cools
Yahoo Finance·2026-01-07 13:54
Bitcoin’s aggressive uptrend at the start of 2026 has slowed, triggering a liquidation spree and net outflows of $243 million from U.S. spot Bitcoin exchange-traded funds on Tuesday. The flows were mixed, with BlackRock’s IBIT seeing $228 million in inflows, offset by outflows from several major issuers, according to SoSoValue. Fidelity's FBTC led redemptions at -$312 million, followed by Grayscale’s GBTC (-$83 million), and smaller outflows from VanEck and Ark Invest/21Shares. The figures come as Bitco ...