First Day of 2026 Outflows Hits US Bitcoin ETFs, Totaling $243 Million

The new year’s rally for spot Bitcoin ETFs in the US faced a setback on Tuesday. Data indicates these funds switched to net outflows of $243 million, following significant inflows earlier in the week.

This $243 million exit, detailed by SoSoValue, represents the first daily aggregate outflow recorded in 2026, contrasting with the $1.16 billion garnered on Monday and Friday.

A significant withdrawal from Fidelity’s FBTC, amounting to $312.24 million, led the outflows. Grayscale’s GBTC and BTC Mini Trust products also contributed, with outflows of $83.07 million and $32.73 million. Other funds from Ark & 21Shares and VanEck similarly saw net redemptions.

In a contrasting move, BlackRock’s IBIT remained a magnet for capital, attracting $228.66 million in inflows. This demand helped cushion the overall net outflow and boosted IBIT’s three-day inflow total for the year to $888 million.

Vincent Liu, CIO of Kronos Research, downplayed the significance of the single day’s data. “BTC ETF outflows look more like post-inflow normalization than risk-off,” he said. “Institutions are rebalancing exposure, not exiting conviction. One day of ETF outflows doesn’t outweigh the broader trend.”