Bitcoin ETFs Face $486M Outflow on January 7, Significantly Impacting Market
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Significant Outflow: On January 7, Bitcoin ETFs experienced a substantial net outflow of $486 million, primarily from Fidelity's FBTC and BlackRock's IBIT, indicating institutional investors' cautious sentiment regarding Bitcoin's long-term prospects.
- Market Reaction: This outflow led to noticeable volatility in Bitcoin prices, with related assets like Ethereum also feeling indirect effects, reflecting the market's sensitivity to macroeconomic factors.
- Investor Strategy Adjustment: Fidelity's FBTC ETF saw an outflow of approximately $248 million, while BlackRock's IBIT ETF experienced around $130 million in withdrawals, suggesting that institutional investors are adjusting their strategies based on current market conditions, which could influence future capital flows.
- Industry Outlook: Despite the short-term outflows causing market unease, industry experts like Fundstrat's Sean Farrell maintain a positive outlook on the long-term growth of digital assets, asserting that liquidity changes are cyclical and tied to macro risk sentiment.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






