Bitcoin ETF Sees Heavy Redemptions as Volatility Returns to Flagship Crypto
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The Bitwise Bitcoin ETF Trust, ticker BITB, logged significant outflows on January 30, 2026, with investors pulling approximately $88.9 million from the fund. The redemption wave represents about 2.82% of the ETF’s latest reported assets under management (AUM) of roughly $3.15 billion, marking a notable bout of investor repositioning after a turbulent stretch in the underlying Bitcoin market.
The outflow, while not destabilizing given BITB’s still-substantial AUM, underscores growing caution among holders who had previously used spot bitcoin ETFs as a relatively convenient access point to the crypto asset class. A single-day move of nearly 3% of assets suggests a mix of profit-taking by early entrants and risk reduction by more tactical traders as price momentum in Bitcoin has weakened.
The related asset, BTC-USD, is currently trading around $78,342.01. Over the past three months, Bitcoin has shed roughly 29.01% of its value, a sizable drawdown that has cooled the exuberance seen during prior rallies and tested the conviction of ETF-based investors. The short-term picture is also cautious, with the 1-day technical signal flashing Sell, reflecting mounting technical pressure and a souring near-term sentiment.
For ETF investors, the combination of sizeable redemptions in BITB and a sustained three-month price decline in Bitcoin raises the prospect that institutional and retail market participants alike are reassessing their exposure levels, even as the broader thesis around digital assets continues to hinge on long-term adoption and macro diversification arguments. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.