
U.S. spot Bitcoin ETFs recorded significant net outflows on January 8 following strong early-January inflows, with data highlighting continued short-term volatility in institutional crypto investment activity.
U.S. spot Bitcoin ETFs experienced continued volatility in early January 2026, recording $399 million in net outflows on January 8 after strong inflows earlier in the month. BlackRock’s IBIT led withdrawals with $193 million, while Bitwise’s BITB posted the largest inflow at $2.96 million. Total Bitcoin ETF assets stood at $117.65 billion, representing 6.48% of Bitcoin’s total market capitalization. The January 8 outflows followed $398 million in net withdrawals reported on January 9, underscoring fluctuating institutional demand.