Bitcoin Spot ETFs Record $545 Million in Daily Outflows as Price Hovers Near $70,000
February 5 2026 – Global crypto markets
Spot Bitcoin exchange‑traded funds (ETFs) posted their steepest single‑day net redemption since launch, with investors pulling $545 million out on Wednesday. The outflow pushed weekly net withdrawals to $255 million and added to a broader slump across the digital‑asset sector, where total market capitalisation has fallen roughly 20 % year‑to‑date, sliding from about $3 trillion to $2.5 trillion.
Flow statistics
- Daily outflow: $545 million (Wednesday)
- Weekly net outflow: $255 million
- Year‑to‑date inflows: $3.5 billion
- Year‑to‑date redemptions: $5.4 billion → net –$1.8 billion
- Current assets under management (AUM): $93.5 billion
The data, compiled by analytics firm SoSoValue, shows that despite a cumulative $54.8 billion that has flowed into spot Bitcoin ETFs since their inception, the pool is now 13 % below its October 2025 peak of $62.9 billion.
Investor behaviour
Bloomberg’s senior ETF analysts underscored the resilience of the investor base. James Seyffart noted that a $63 billion peak followed by a contraction to $93.5 billion AUM “is not too shabby” given the market turbulence. Eric Balchunas added that only about 6 % of total assets have been withdrawn, suggesting the majority of holders are still on‑board even as Bitcoin’s price dipped sharply and many positions sit “underwater.”
Balchunas also pointed out that BlackRock’s iShares Bitcoin Trust (ticker IBIT) has seen its assets retreat from a fleeting $100 billion high to roughly $60 billion, a level that would still rank among the fastest‑growing ETFs in history if it held steady for several years.
Altcoin ETF flows
The outflow pressure was not confined to Bitcoin:
| Fund type | Net flow (Wednesday) |
|---|---|
| Ether (ETH) ETFs | –$79.5 million |
| XRP ETFs | +$4.8 million |
| Solana (SOL) ETFs | –$6.7 million |
These mixed results indicate that while Bitcoin remains the dominant driver of crypto‑ETF activity, broader market sentiment is also affecting other digital‑asset products.
Market context
Bitcoin’s price has been oscillating around the $70,000 level, a price range that historically has spurred both inflows and outflows as traders react to volatility. The broader cryptocurrency market’s 20 % decline YTD mirrors the ETF outflow trend, reinforcing the view that macro‑level weakness is filtering through to regulated investment vehicles.
Key takeaways
- Significant daily outflows: $545 million withdrawn in a single day marks the strongest retreat since the ETFs’ debut two years ago.
- Long‑term net redemptions: Year‑to‑date redemptions outweigh inflows by $1.8 billion, pushing net assets below $100 billion.
- Investor stickiness: Only ~6 % of assets have been liquidated, indicating that most investors remain committed despite the price dip.
- BlackRock’s ETF contraction: IBIT’s decline from $100 billion to $60 billion underscores how quickly capital can move in and out of crypto‑focused funds.
- Altcoin ETFs also feel pressure: Ether and Solana ETFs posted double‑digit million‑dollar withdrawals, while XRP saw modest inflows, highlighting uneven sentiment across the crypto spectrum.
- Market‑wide downturn: A 20 % fall in total crypto market capitalisation provides a backdrop for the ETF outflows and suggests that the current weakness is systemic rather than isolated to Bitcoin products.
Outlook
Analysts suggest that if the current pull‑back persists, Bitcoin spot ETFs could stabilize at the $60–$70 billion range, a level that would still represent the fastest accumulation trajectory for any ETF class. However, continued price volatility and macro‑economic uncertainty could trigger further outflows, especially if Bitcoin fails to breach the $70,000 threshold decisively.
Investors and fund managers will be watching closely for any reversal in market sentiment, such as a sustained price rally or regulatory developments that could revive confidence in crypto‑linked investment vehicles. For now, the data points to a cautious stance among institutional and retail participants alike.
Source: https://cointelegraph.com/news/bitcoin-etf-545-million-outflows-btc-nears-70k?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
