Bitcoin ETFs see $103.6M net outflows on Jan 23 — fifth straight day of redemptions; five-day ETF drain $1.72B as BlackRock’s IBIT leads withdrawals

On Jan 23 bitcoin ETFs recorded $103.57M in net outflows, the fifth consecutive day of redemptions and part of a five-day $1.72B withdrawal streak since Jan 16. BlackRock’s IBIT led withdrawals with $101.62M and Fidelity’s FBTC had $1.95M in redemptions. Total bitcoin ETF AUM fell to $115.88B (from $124.56B on Jan 16) and cumulative net inflows dropped to $56.49B. Trading value for bitcoin ETFs was $3.36B on Jan 23. Ethereum spot ETFs also saw $41.74M in outflows that day (fourth straight day), bringing Ethereum AUM to $17.70B and traded value to $1.31B.
AI Analysis
Net outflows of $103.57M for bitcoin ETFs on Jan 23, part of a five-day $1.72B withdrawal streak; IBIT led with $101.62M withdrawn; bitcoin ETF AUM fell to $115.88B. Ethereum spot ETFs had $41.74M outflows and AUM fell to $17.70B. These are concrete fund-flow figures likely to influence short-term trading decisions.