Overview
- U.S. spot bitcoin ETFs recorded $243 million in net outflows on Tuesday, led by redemptions from Fidelity (-$312 million) and Grayscale (-$83 million), while BlackRock’s IBIT drew about $228 million in new cash.
- Bitcoin retreated from a brief push toward the mid‑$90,000s to trade around $91,000–$92,000, with data providers reporting leveraged liquidations totaling in the hundreds of millions of dollars.
- After heavy late‑2025 selling, the first two trading days of 2026 brought roughly $1.5 billion of inflows to U.S. spot bitcoin and ether ETFs, helping BTC clear $90,000 before momentum faded.
- Spot XRP ETFs have attracted nearly $100 million since Jan. 1 and have yet to log an outflow day, with XRP up about 25% in the first week as investors rotated toward selective large‑caps.
- Morgan Stanley filed to launch spot bitcoin and solana ETFs, signaling further expansion of traditional finance participation in crypto products.