Bitcoin ETF outflow streak reached $1.72 billion by January 24

Finalized data available on January 24, 2026 showed that U.S. spot bitcoin exchange-traded funds had recorded approximately $1.72 billion of net outflows across five consecutive trading sessions.

The sequence covered January 16 and January 20–23; U.S. markets were closed on January 19 for Martin Luther King Jr. Day. January 24 was a Saturday, so the figure did not represent a new weekend ETF session. It was the first calendar day on which the completed January 23 issuer-level result was being reported alongside bitcoin’s continuously traded weekend market.

The distinction matters because ETF shares trade on regulated U.S. exchanges during defined sessions, while bitcoin trades around the clock. The fund data indicated sustained redemptions through listed products, but bitcoin’s relatively contained January 24 price movement did not establish who sold, why they sold or how authorized participants handled the corresponding bitcoin exposure.

Five negative sessions totaled $1.72 billion

Farside Investors recorded net bitcoin ETF outflows of $394.7 million on January 16, $479.7 million on January 20, $708.7 million on January 21, $32.2 million on January 22 and $103.5 million on January 23. Coinburn’s sum of those automatically generated daily rows is $1,718.8 million.

Fidelity’s FBTC accounted for a calculated $656.7 million of net redemptions across the five sessions. BlackRock’s IBIT recorded a calculated $522.4 million of net outflows, despite receiving $15.1 million on January 16 before posting withdrawals during the following four sessions. Those figures describe estimated net creations and redemptions by fund; they are not ETF share-trading volume and do not measure direct bitcoin sales on cryptocurrency exchanges.

The January 23 result was concentrated almost entirely in IBIT, which recorded a $101.6 million outflow. FBTC supplied the remaining $1.9 million. The other funds in Farside’s table registered zero flows for that session.

Bitcoin held near $89,000 on Coinbase

Coinbase Exchange’s BTC-USD candle for the UTC day beginning January 24 opened at $89,474.94 and closed at $89,082.17. That was a decline of $392.77, or 0.44%, calculated from the first and last trades in the interval.

The same venue-specific candle recorded a high of $89,832.72, a low of $89,007.01 and volume of 1,801.82109589 BTC. The $825.71 high-to-low range was less than 1% of the opening price, showing that the January 24 session was comparatively contained on Coinbase despite the preceding ETF redemptions.

That observation must remain narrow. Coinbase represents one BTC-USD market, cryptocurrency venues do not share a universal closing auction, and the exchange warns that historical candle data can be incomplete when an interval contains no trading ticks. The candle also cannot show whether ETF-related activity occurred on Coinbase or elsewhere.

What the record established

By January 24, regulated U.S. bitcoin funds had experienced a meaningful five-session reversal after receiving net inflows during four consecutive sessions from January 12 through January 15. The completed outflow streak demonstrated weakening demand through the ETF channel, while the weekend bitcoin market had not yet produced a comparably sharp daily decline.

The evidence does not prove that ETF redemptions caused bitcoin’s price behavior. Fund flows can reflect portfolio reallocations, arbitrage positions, in-kind transfers or market-maker inventory decisions. Determining causation would require fund holdings, creation-basket records and venue-specific execution data unavailable in the contemporaneous public record.