Bitcoin ETFs See $400M Outflows for Third Consecutive Day
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Outflow Trend: On January 8, the U.S. Bitcoin ETF market experienced a significant outflow of $400 million for the third consecutive day, primarily driven by major institutions like BlackRock and Fidelity, indicating a reassessment by investors of these financial products.
- Key Fund Performance: BlackRock's iShares Bitcoin Trust (IBIT) saw a withdrawal of $194.64 million, while Fidelity's Wise Origin Bitcoin Fund (FBTC) experienced an outflow of $120.52 million, highlighting the impact of high fee structures on investor choices.
- Market Dynamics Analysis: Analysts suggest that the outflows may be linked to profit-taking after Bitcoin's price rally and macroeconomic factors, emphasizing the vulnerability of these ETFs to traditional market forces, which could affect Bitcoin's spot price.
- Long-Term Investment Perspective: Despite the short-term outflows raising concerns, market strategists advise investors to focus on long-term trends, asserting that sustained outflows do not necessarily undermine Bitcoin's fundamental investment thesis as a digital store of value.
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.






