Bitcoin Spot ETFs Post $510M Outflow, Fourth Straight Day of Withdrawals
Bitcoin spot ETFs experienced a net outflow of $510 million on January 30 (US ET), marking the fourth consecutive day of withdrawals, according to SoSoValue. BlackRock’s IBIT led outflows with $528 million redeemed in a single day, though IBIT retains large cumulative inflows (~$61.96 billion). Meanwhile, ARK Invest / 21Shares’ ARKB posted the largest single-day inflow among ETFs with $8.34 million, and Fidelity’s FBTC added $7.30 million on the day. Total assets under management for Bitcoin spot ETFs stood at $106.96 billion, about 6.38% of Bitcoin’s market cap, with cumulative net inflows since launch near $55.01 billion. Compared with earlier reports showing smaller daily flows and a higher AUM (~$113.54B on Jan 26), the latest data indicate renewed and concentrated outflows driven mainly by the flagship IBIT product. Traders should note that large, concentrated redemptions from major ETFs can reduce market liquidity and amplify short-term price pressure on BTC, while smaller inflows into alternative ETFs (ARKB, FBTC) suggest some rotation within ETF allocations.
Bearish
Concentrated, multi-day net outflows — led by a large single-day redemption from BlackRock’s IBIT — increase selling pressure and can reduce available liquidity for BTC, making price moves more pronounced on the downside in the short term. Although total AUM and cumulative inflows remain large (supporting longer-term demand), the immediate effect of repeated withdrawals is typically bearish for BTC price action. Smaller inflows into alternative ETFs (ARKB, FBTC) indicate some reallocation rather than net new demand, which mitigates but does not offset the downward pressure from flagship ETF outflows. Therefore, expect elevated volatility and a short-term bearish bias; long-term fundamentals remain tied to sustained institutional adoption and AUM trends.