Bitcoin ETFs post $250M outflows on Jan 9 as multi-month drawdown reaches $4.7B; Ethereum ETFs also see large exits

Spot Bitcoin ETFs reversed early-week inflows and suffered four straight days of net redemptions between Tuesday and Friday, totaling $681 million in the first full trading week of 2026 (largest daily redemptions: $486M on Wednesday, $398.9M on Thursday, $249.9M on Friday). Spot Ether ETFs also recorded about $68.6M in weekly outflows, leaving combined ETF assets at roughly $18.7B. Market participants attributed the pullback to fading rate‑cut hopes and rising geopolitical risk as investors await US CPI data and Federal Reserve guidance. Meanwhile, Morgan Stanley filed with the SEC for spot Bitcoin and Solana ETFs and Bank of America allowed advisers to recommend exposure to several Bitcoin ETFs.
AI Analysis
Four consecutive days of net outflows totaling $681M for spot Bitcoin ETFs (with largest daily redemptions of $486M, $398.9M and $249.9M) and $68.6M in spot Ether ETF outflows are concrete fund-flow data; market sources link the withdrawal to fading rate‑cut hopes, rising geopolitical risk and investors awaiting US CPI and Fed guidance; Morgan Stanley’s SEC filing and BoA’s adviser guidance are cited institutional developments in the same summary.