Red Day for ETFs as Bitcoin Leads Over $1 Billion Marketwide Exodus

first published 2026-01-30T09:37:08Z

On Jan. 29 U.S.-listed spot bitcoin and ether ETFs recorded nearly $1 billion in redemptions amid a crypto price decline and rising volatility: $817.9M withdrawn from bitcoin ETFs and $155.6M from ether ETFs (SoSoValue). Major outflows included BlackRock’s IBIT ($317.8M), Fidelity’s FBTC ($168M), Grayscale’s GBTC ($119.4M), BlackRock’s ETHA ($54.9M) and Fidelity’s FETH ($59.2M). Bitcoin traded toward $81,000 while ether fell over 7%; total ether ETF assets dropped to $16.75 billion. The synchronized selling suggests institutions were cutting crypto exposure amid macro uncertainty, Fed leadership speculation and leveraged-position unwind.

AI Analysis

Nearly $1B of ETF redemptions ($817.9M from BTC ETFs and $155.6M from ETH ETFs) coincided with price moves (BTC toward $81k, ETH down >7%) and large withdrawals from major funds listed in the summary, indicating coordinated institutional selling and leveraged unwind — factors likely to pressure markets short-term.

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