Bitcoin ETF Investors Hit the Brakes as BITC Sees One of Its Sharpest Outflows Yet
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The Bitwise Bitcoin Strategy Optimum Roll ETF, BITC, recorded a notable setback on January 16, 2026, with investors pulling out $964,575 in net assets. The move represents roughly 6.66% of the fund’s latest reported assets under management, which now stand at $14.48 million, underscoring a meaningful bout of risk-off sentiment toward bitcoin-related exposure.
The related asset, BTC-USD, is currently trading at $89,457.73, having shed about 19.33% over the past three months. The short-term picture looks equally challenging, with a 1-day technical signal flashing Strong Sell, suggesting momentum and trend indicators remain tilted firmly to the downside.
For BITC holders, the sizeable redemption hints that some investors are capitulating after bitcoin’s latest drawdown, locking in losses rather than betting on a near-term rebound. Given the ETF’s focus on futures-based bitcoin strategies, the outflows may also reflect concerns about carry costs and roll dynamics in a volatile market where spot prices have struggled to regain upward traction.
Still, with bitcoin trading well below recent highs, the current environment may attract a different cohort of investors—those looking to scale into weakness rather than chase rallies. Whether BITC’s latest outflow marks a temporary shakeout or the beginning of a more sustained retreat from bitcoin-linked ETFs will hinge on how quickly sentiment around BTC stabilizes.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.