Bitcoin Pullback Triggers Outflows From Bitwise’s Flagship ETF
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The Bitwise Bitcoin ETF Trust, ticker BITB, recorded net outflows of $13.76 million on January 2, 2026, as investors reacted to renewed volatility in the crypto market. The redemption represents roughly 0.41% of the fund’s latest reported assets under management, which stand at about $3.36 billion, a modest but notable trim to positioning after months of choppy trading.
The move suggests a degree of profit-taking and risk reduction rather than a wholesale exit, given the relatively small slice of AUM involved. Still, the withdrawal underscores how sensitive ETF flows remain to swings in underlying digital asset prices and shifting sentiment around macro risk.
The related asset, BTC-USD, is currently trading near $89,769.99. Over the past three months, Bitcoin has dropped about 26.17%, reversing part of its earlier bull run and testing investor conviction in the latest cycle. The short-term outlook remains cautious, with the 1-day technical signal flashing Hold, suggesting neither clear upside momentum nor a decisive breakdown at current levels.
For ETF investors, the divergence between still-elevated prices and a sharp three-month drawdown is fostering a wait-and-see stance: flows are negative but not yet at capitulation levels. Continued volatility in Bitcoin is likely to dictate whether BITB sees deeper redemptions or a return of inflows as dip buyers step back in.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.