Bitcoin ETFs saw a massive $818 million outflow in one day as Bitcoin hit a nine-month low. Data showed net daily outflows of $817.87 million on January 29, leading to an overall negative January. Despite this, cumulative net inflows since inception remained high at $55.52 billion.

BlackRock’s iShares Bitcoin Trust had the largest outflow at $317.81 million, followed by Fidelity’s FBTC at $168.05 million and Grayscale’s GBTC at $119.44 million. The hefty daily pullback in January echoed a trend from December 2025, with net outflows estimated at $1.1 billion.

The sell-off aligned with a broader crypto market downturn, with Bitcoin dropping to $81,200 and breaking the $84,000 support level. Analysts warn of continued bearish conditions and lower price targets. The significant outflows from Bitcoin ETFs reflect investor concerns over the volatile market, pushing January into negative territory.

Despite substantial cumulative net inflows, recent trends suggest a shift in investor sentiment. Bearish market conditions and lower price targets could exacerbate the situation, leading to more outflows in the future.

Read more at Yahoo Finance: Investors Pull Nearly $818 Million From Bitcoin ETFs as Cryptocurrency Tanks