Bitcoin Investors Hit the Brakes: Nearly $89M Exits Bitwise’s BITB in a Single Day

Bitcoin ETF Sees Nearly $89M Walk Out as Market Jitters Deepen

The Bitwise Bitcoin ETF Trust, ticker BITB, recorded hefty outflows of $88.9 million on January 30, 2026, as investors continued to reassess their crypto exposure amid a choppy digital-asset backdrop. The redemption represents roughly 2.8% of the fund’s latest reported assets under management, which stand at about $3.16 billion—one of the more sizable single-day pulls for the product in recent weeks.

The move underscores how sensitive ETF investors remain to swings in the underlying asset, with a withdrawal of this magnitude signaling a notable shift in near-term risk appetite. While BITB’s overall asset base remains robust, a flow of almost 3% of AUM in a single session hints at growing caution rather than a routine portfolio tweak.

The related asset, BTC-USD, is currently trading around $78,975.06, extending a difficult quarter in which bitcoin has shed about 23.7% over the past three months. That drawdown has eroded some of the euphoria that followed earlier highs and is increasingly being reflected in systematic signals: the 1-day technical outlook now flashes a decisive Sell.

For ETF investors, the combination of sustained price weakness and short-term bearish technicals appears to be tipping the balance toward capital preservation, at least at the margin. While long-term crypto believers may view the current levels as a buying opportunity, BITB’s latest flows show that a meaningful cohort is opting to step to the sidelines until volatility subsides or a clearer upward trend re-emerges.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.