US Bitcoin and Ethereum Spot ETFs Face Largest Outflows in Two Months

US Bitcoin and Ethereum Spot ETFs Face Largest Outflows in Two Months

U.S. Bitcoin and Ethereum spot ETFs experienced significant outflows on January 23, 2025, as institutional de-risking amid macro uncertainty triggered the largest daily withdrawals in nearly two months.

BTC
ETH
SOL

Fact Check
The assessment is based on the high authority and direct relevance of the primary sources provided. The statement makes a specific, quantitative claim about the total net outflow of Ethereum Spot ETFs over a two-day period. The most credible sources to verify this claim are CoinGlass and Farside Investors. Both are described as specialized data platforms that directly track and display daily net inflows and outflows for crypto ETFs, including Ethereum Spot ETFs. Their high authority (0.90 and 0.85) and very high relevance (0.95 and 0.90) make them the definitive sources for this type of data. The existence of these precise data aggregators makes the specific claim of a "$287 million" outflow over two days plausible, as this is the exact kind of information they would report.Other sources are less useful. ETF.com is a secondary source that would likely report on such a significant event but would not be the raw data provider itself. The iShares website is highly authoritative but only for its own products, not for the aggregated market data required to verify the claim. The link to ETF Central is entirely irrelevant as it pertains to an inverse futures ETF, not the spot ETFs mentioned in the statement.Since there is no conflicting evidence and the two most relevant sources are purpose-built to provide this exact data, the statement is highly likely to be true. It is a factual claim that can be directly verified by the primary sources listed.
Summary

U.S. Bitcoin ETFs saw net outflows of $32.2 million on January 23, 2025, including a $22.4 million withdrawal from BlackRock’s IBIT. Ethereum spot ETFs faced $42 million in outflows, with ETHA seeing $44.4 million in withdrawals. SOL spot ETFs recorded a $1.7 million inflow, marking contrasting trends within the sector.

Terms & Concepts
  • Bitcoin ETF: An exchange-traded fund that tracks the price of Bitcoin, allowing investors to gain exposure without directly holding the cryptocurrency.
  • Ethereum ETF: An exchange-traded fund that tracks the price of Ethereum, allowing investors to gain exposure without directly holding the cryptocurrency.