Bitcoin ETFs saw a sharp reversal on January 16, posting $394.68 million in net outflows and ending a four-day winning streak that had pulled in $1.81 billion.
The pullback came after one of the strongest ETF runs so far this year. From January 12 to January 15, investors poured money into Bitcoin ETFs, nearly wiping out the heavy selling seen earlier in January. But on Friday, profit-taking kicked in.
Among all funds, BlackRock’s IBIT was the only one to record inflows, adding $15.09 million. On the other side, Fidelity’s FBTC led the exits, with $205.22 million pulled out. Bitwise’s BITB lost $90.38 million, Ark & 21Shares’ ARKB saw $69.42 million leave, and Grayscale’s GBTC recorded $44.76 million in outflows.
As a result, total assets held by Bitcoin ETFs slipped to $124.56 billion, down from $125.18 billion the day before. Trading activity also cooled, with volume falling to $3.60 billion.
Ethereum ETFs told a very different story.
Ethereum spot ETFs added $4.64 million on the same day, marking their fifth straight day of inflows. While the amount was modest compared to earlier sessions, it kept the positive streak alive. Since January 12, Ethereum ETFs have attracted $478 million in total.
Ethereum ETF assets continued to climb, rising from $18.88 billion earlier in the week to $20.42 billion by January 16. Trading volume reached $1.19 billion, and cumulative net inflows recovered to $12.91 billion after December’s selling pressure.
The split between Bitcoin and Ethereum flows suggests investors aren’t leaving crypto altogether. Instead, institutions appear to be locking in Bitcoin profits while still adding exposure to Ethereum.
Elsewhere, XRP spot ETFs picked up $1.12 million in inflows, while Solana ETFs saw $2.22 million in outflows, showing that money is moving selectively rather than exiting the market as a whole.
Overall, the data points to cautious repositioning—not panic—after Bitcoin’s recent rally.
