Bitcoin Drift: Bitwise’s BITC Sees Notable Outflow Amid Prolonged Crypto Pullback
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The Bitwise Bitcoin Strategy Optimum Roll ETF, BITC, recorded net outflows of $964,575 on January 16, 2026, a meaningful move for a fund with roughly $14.52 million in assets under management. The latest redemption wave represents about 6.6% of BITC’s AUM, underscoring how sensitive smaller, futures-based bitcoin products remain to shifts in sentiment.
The related asset, BTC-USD, is currently trading at $88,859.99, down approximately 18.9% over the past three months. Short-term momentum also looks fragile, with the one-day technical signal flashing Strong Sell, a backdrop that helps explain why some investors are pulling capital from leveraged and structurally complex bitcoin strategies.
The size of BITC’s latest outflow, relative to its overall asset base, suggests that even modest risk-off moves in the underlying crypto market can quickly translate into sizable percentage shifts for niche ETFs. For traders, this reinforces the role of such funds as tactical vehicles rather than long-term core holdings, especially during periods of heightened volatility and negative momentum in bitcoin’s price.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.