From January 20 to 23, 2026, spot exchange-traded funds based on Bitcoin and Ethereum in the U.S. experienced a significant capital outflow, totaling over $1.9 billion. The largest losses were recorded in Bitcoin ETFs, with more than $1.33 billion withdrawn over four days, marking a record low for the past month.
This is reported by Business • Media
Trends in Capital Outflows from Bitcoin ETFs
The most substantial investment outflow from Bitcoin ETFs occurred on January 21, when investors withdrew nearly $709 million. The following day, January 22, saw an additional outflow of $483 million, and on January 23, over $103 million. In comparison, January 22 recorded the lowest figure at only $32 million.
Ethereum ETFs Also Show Record Outflows
Investors actively withdrew funds from Ethereum-based funds as well. From January 20 to 23, $612 million was withdrawn from Ethereum ETFs. The largest outflow occurred on January 21, exceeding $297 million. On January 20, this figure was nearly $230 million, while January 22 and 23 saw outflows of $42 million each. This marked the worst performance for Ethereum ETFs in the past month.
Trading on January 19 was suspended in observance of Martin Luther King Jr. Day in the U.S.
From January 20 to 23, 2026, spot exchange-traded funds based on Bitcoin experienced a capital outflow of over $1.33 billion. This is the worst result in the past month.
It is worth noting that the week prior, from January 12 to 16, both Bitcoin and Ethereum ETFs demonstrated their best performance since October 2025. Meanwhile, Japan plans to allow the launch of cryptocurrency ETFs as early as 2028.