Bitcoin ETF Sees New Year Jitters as Outflows Bite Into Bitwise’s Billion-Dollar Trust
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The Bitwise Bitcoin ETF Trust, ticker BITB, kicked off 2026 with notable redemptions, logging outflows of $13.76 million on January 2, 2026. The move shaved roughly 0.41% off the fund’s latest reported assets under management of $3.36 billion, a meaningful but not destabilizing shift that hints at renewed investor caution around spot bitcoin exposure.
The related asset, BTC-USD, is currently trading at $92,677.01, having shed about 26.36% over the past three months. That drawdown underscores the volatility facing long-only bitcoin products and helps explain why some investors are locking in remaining gains or cutting risk after a sharp retracement from recent highs. Despite the pullback, the 1-day technical signal on the token sits at Hold, suggesting neither a clear bullish reversal nor a breakdown has yet taken hold in the short term.
The latest outflow from BITB fits into a broader pattern of profit-taking and risk rebalancing across crypto-linked funds as markets reassess the trajectory of monetary policy and liquidity conditions. For Bitwise’s investors, a 0.41% AUM swing in a single day is notable but far from a capitulation event, indicating that while sentiment has cooled, core conviction in bitcoin exposure remains intact among a large base of holders. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.