Overview
- After roughly $1.2 billion in net inflows over the first two trading days, U.S. spot Bitcoin ETFs posted a $243 million net outflow on Jan. 6, the first negative daily total of the year.
- Fidelity’s Wise Origin Bitcoin Fund (FBTC) led redemptions with about $312 million, joined by outflows from Grayscale’s GBTC and Bitcoin Mini Trust and by withdrawals at Ark & 21Shares and VanEck products.
- BlackRock’s iShares Bitcoin Trust (IBIT) was the only ETF to attract cash on the day, adding about $229 million and reaching approximately $888 million in cumulative inflows across the first three sessions.
- Other crypto ETPs drew fresh capital, including about $115 million into U.S. spot Ethereum ETFs, $9 million into Solana funds, and $19 million into XRP products.
- Bitcoin held in the low $90,000s as flows rotated, and Morgan Stanley disclosed SEC filings to launch Bitcoin and Solana ETFs.