Major Bitcoin ETF Outflows in January
According to the latest data from Farside Investors, U.S. Bitcoin spot ETFs saw significant net outflows exceeding $1.6 billion in January, sparking concerns about investor sentiment and future market trends.
Breakdown of Key ETF Fund Flows
Detailed data on the outflows from major Bitcoin ETFs include the following:
- IBIT: $136.5 million outflow
- FBTC: $841.7 million outflow
- GBTC: $449.5 million outflow
These figures indicate that some investors may be taking a cautious stance on the current Bitcoin market or reallocating capital to alternative investment avenues.