Bitcoin and Ethereum ETFs See Major Withdrawals in Late January

The assessment is "likely_true" because the provided sources overwhelmingly and consistently support the core of the statement regarding net withdrawals from cryptocurrency ETFs in late January. Multiple high-authority and relevant sources, including Morningstar, TradingEconomics, and Amberdata, explicitly confirm that US Bitcoin ETFs experienced a period of significant net outflows. This trend is further detailed by other sources, which describe a multi-day streak of withdrawals driven by substantial outflows from Grayscale's GBTC that surpassed the inflows into new ETFs from issuers like BlackRock and Fidelity. The evidence for this part of the claim is strong, consistent, and comes from credible financial data providers and market analysts.However, the statement's truthfulness is slightly diminished because it includes "and Ethereum". None of the provided sources mention Ethereum ETFs or their fund flows. The entire body of evidence pertains exclusively to Bitcoin ETFs. This makes the statement overly broad and factually inaccurate in its inclusion of Ethereum. Despite this inaccuracy, the central and most significant part of the claim—that the newly prominent crypto ETF market saw net withdrawals—is well-substantiated. The high truth probability reflects that the primary market event described did occur, even if it was limited to Bitcoin at the time.