Bitcoin Outflows Test Nerves as Bitwise ETF Sees Nearly $89M Exit

Bitcoin Outflows Test Nerves as Bitwise ETF Sees Nearly $89M Exit

The Bitwise Bitcoin ETF Trust, ticker BITB, recorded sizable redemptions on January 30, 2026, with investors pulling approximately $88.88 million from the fund. The latest move amounts to about 2.81% of the ETF’s $3.16 billion in assets under management (AUM), signaling a notable bout of profit-taking or risk reduction among holders.

While a single day’s outflow does not define a trend, the scale of withdrawals relative to AUM suggests that some investors are responding to mounting volatility in the underlying market. With more than one-fiftieth of the fund’s capital exiting in a day, the flows underscore how sensitive crypto-linked products remain to swings in sentiment.

The related asset, BTC-USD, is currently trading at $82,988.03. Over the past three months, Bitcoin has fallen about 23.79%, a sharp reversal from its earlier highs and a reminder of how quickly momentum can shift in digital assets. The short-term tone is weak as well, with the 1-day technical signal flashing Sell, adding further pressure on ETF investors weighing whether to stay the course.

For now, BITB’s sizeable asset base offers some cushion against volatility in flows, but if Bitcoin’s downtrend deepens or the technical picture deteriorates further, more outflows could follow as traders recalibrate their exposure to crypto risk.

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