Bitcoin and Ether ETFs shed over $1B as early 2026 inflows reverse

After a brief January rebound, US spot Bitcoin and Ether ETFs saw heavy redemptions, extending a cautious trend that began after October’s market reset.

United States spot Bitcoin and Ether exchange-traded funds (ETFs) have shed over $1 billion in combined outflows since Tuesday, marking an early-year pullback after a brief rebound to start 2026. 

SoSoValue data shows spot Bitcoin (BTC) ETFs recorded $1.13 billion in outflows between Tuesday and Thursday, offsetting $1.17 billion in inflows on Jan. 2 and Monday. Spot Ether (ETH) ETFs had a similar pattern, with about $258 million exiting since Wednesday, after posting modest inflows earlier in January.  

The reversal erases gains accumulated in the opening days of the year and signals renewed caution among investors. It also suggests that early inflows were fragile, with investors trimming exposure as sentiment softened. 

Read more