Bitcoin ETFs Lose $1.5 Billion In A Week

2nd February 2026 – Spot crypto ETFs in the U.S. recorded one of their worst weeks on record. From January 26 to 30, 2026, spot Bitcoin ETFs bled $1.49 billion in net outflows. Ethereum ETFs followed with $327 million in redemptions. Together, these figures mark a sharp pullback in institutional crypto appetite to close out January.

High Signal Summary For A Quick Glance

📌 Key Takeaways 👥 Who Is Impacted 📊 Implications

Bitcoin ETFs hemorrhaged $1.49 billion in the final week of January 2026, with BlackRock’s IBIT losing $947.2 million alone
Ethereum ETFs shed $327 million during the same period, with January 30 recording the worst single-day outflow of $252.9 million
The massive exodus was triggered by Bitcoin falling below $85,000, broader market volatility, and institutional investors reducing exposure to risky assets

Institutional investors holding Bitcoin and Ethereum ETFs who faced significant portfolio value declines and may continue repositioning away from crypto
Retail investors with ETF exposure experiencing rapid asset erosion and increased market volatility as selling pressure creates feedback loops

🔴 Short term: Continued selling pressure likely until Bitcoin and Ethereum prices stabilize above recent lows

🟡 Long term: ETF structure being tested under prolonged redemption pressure; smaller providers may reconsider operations

🔴 Key risk: Negative feedback loop where ETF outflows force underlying crypto sales, further depressing prices and triggering more redemptions

Bitcoin ETF Outflows Top $1.49B

Bitcoin ETFs lost nearly $1.5B in just five trading days. This alone accounted for 93% of the month’s $1.6B net outflow, making it one of the worst months since spot ETFs launched.

The pain peaked on January 29, with a single-day outflow of $817.8 million, mostly during a steep BTC price drop below $85,000. Market volatility, macro uncertainty, and declining BTC sentiment likely drove the redemptions.

Loading chart...

BlackRock (IBIT) Alone Sold Over 11,000 BTC

BlackRock’s IBIT ETF was hit the hardest. Over the five-day span, IBIT saw $947.2 million in outflows, equivalent to roughly 11,170 BTC sold.

This sell-off came mainly on Jan 29 and 30, when BTC broke below key support levels and retail panic intensified. Combined with other issuer flows, the data suggests a short-term institutional retreat.

Bitcoin spot ETF flows: past vs current trend

Weekly Net Flows

Mild inflows or flat

-$1.49B outflows ↓

Largest Daily Move

Sub-$300M days

-$817.8M on Jan 29 ↓

BlackRock ETF (IBIT)

Net inflows

11,170 BTC sold ↓

Institutional Sentiment

Stable →

Bearish turn ↓

Ethereum ETFs: $327M Outflows in a Week

Ethereum ETFs mirrored the Bitcoin trend. From Jan 26 to 30, $327.1 million exited Ethereum spot ETFs, the worst weekly performance in months.

Outflows peaked on January 30, when $252.9 million was withdrawn in a single day.

Loading chart...

BlackRock’s ETH ETF (ETHA) Sold ~95,000 ETH

BlackRock’s ETHA ETF saw $264 million in outflows over the week. This translated into a net sell-off of approximately 94,995 ETH.

The biggest exits came on Jan 30, with ETH down sharply after breaking below $2,500. IBIT’s and ETHA’s twin outflows show that even heavyweight issuers weren’t immune to investor jitters.

Ethereum spot ETF flows: past vs current trend

Weekly Net Flows

Mixed or positive

-$327M outflows ↓

Largest Daily Move

Under $100M

-$252.9M on Jan 30 ↓

BlackRock ETF (ETHA)

Net accumulation

94,995 ETH sold ↓

ETH Price Sensitivity

Moderate →

High in downturn ↓

What to Watch For Next

Next, focus on whether ETF outflows continue or stabilize as February begins. If redemptions slow, it would signal that institutions are done de-risking and may start rebuilding positions. However, another week of heavy withdrawals would confirm a broader shift away from crypto exposure.

At the same time, watch BlackRock’s behavior closely. IBIT and ETHA selling has driven much of the pressure. If flows flip back to neutral or positive, market sentiment could recover quickly. On the other hand, continued selling from the largest issuers would likely cap any near-term rallies.

Macro signals also remain critical. Federal Reserve messaging, Senate confirmation drama around Kevin Warsh, and government shutdown risks could all add volatility. Any hint of rate cuts or liquidity support would likely ease pressure on both Bitcoin and Ethereum.

Finally, monitor price reaction around key technical levels. Bitcoin holding above the low $80,000 range and Ethereum defending the $2,500 area would suggest forced selling is largely finished. A clean breakdown, however, could trigger another round of ETF-driven liquidations and extend the correction.

Frequently Asked Questions

What caused the massive Bitcoin and Ethereum ETF outflows in late January 2026?

The outflows were triggered by Bitcoin prices falling below $85,000, broader market volatility, and macroeconomic uncertainties that prompted institutional investors to reduce their exposure to riskier digital assets.

Which Bitcoin ETF experienced the largest outflows during the week?

BlackRock’s iShares Bitcoin Trust (IBIT) recorded the most severe redemptions with $947.2 million in net outflows, equivalent to approximately 11,170 Bitcoin sold to meet redemption requests.

How did Ethereum ETFs perform compared to Bitcoin ETFs?

Ethereum ETFs lost $327 million during the same period, with January 30 recording the worst single-day outflow of $252.9 million. While smaller in absolute terms, the selling pressure was proportionally significant across both asset classes.

What are the potential long-term implications of these ETF outflows?

The outflows could create a negative feedback loop where ETF redemptions force fund managers to sell underlying crypto, further depressing prices. This tests whether the ETF structure can withstand prolonged selling pressure and may force smaller providers to reconsider their operations.

Trusted

Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.