Oh, the irony! The Bitcoin ETF party has turned into a wake, with $1.6 billion in net withdrawals this month alone.
According to SoSoValue (yes, thatâs a real name), this marks the third month in a row where investors have said, âThanks, but no thanks.â In total, these funds have lost $6 billion in flows. Ouch. Thatâs like realizing your ex wasnât just âtaking a breakâ-theyâre marrying someone else.
Bitcoin ETF Demand: From Hot Date to Ghosting in Three Months Flat
This losing streak is the longest since the SEC gave these ETFs the green light in January 2024. Remember when everyone was like, âThis is it! The future!â? Yeah, good times.
Market observers (aka the people who saw this coming) are nodding sagely, saying, âYep, demandâs in the toilet.â Thanks, guys. Really needed that insight.
CryptoQuant chimes in with more bad news: the 12 Bitcoin funds have lost 4,595 BTC since 2026 began. Meanwhile, last year they were hoarding BTC like it was toilet paper in 2020. What a difference a year makes!
Bitcoin ETF YTD Flows:
2024: +17,155 BTC (party time!)
2025: +39,769 BTC (peak FOMO)
2026: -4,595 BTC (crickets)– CryptoQuant.com (@cryptoquant_com) January 30, 2026
Experts are blaming ânarrative exhaustion.â Basically, the Bitcoin story got old. Like, âIâm veganâ old. Or âIâm starting a podcastâ old. BTCâs price isnât helping either-down 37% since its $126,000 high in October 2025. Thatâs not a dip; thatâs a nosedive.
Jim Bianco, the founder of Bianco Research, says the institutional adoption party is over. âMarkets price in the narrative before the event,â he quips. So, yeah, weâre all just living in the aftermath of a really good punchline.
âItâs like that second season of a Netflix show-you watch it, but youâre not really into it.â – Jim Bianco, probably.
He calls the climb to $126,000 a âzombie rallyâ-driven by momentum, not actual enthusiasm. Ouch. Thatâs like being told your promotion was just because they forgot to fire you.
Even crypto-friendly officials getting appointed to economic posts canât save the day. Itâs like trying to revive a party by playing âDespacitoâ-too little, too late.
So, here we are. Bitcoinâs back to being the wild child of finance, and ETF investors are left staring at their screens like, âWait, this was supposed to be less risky?â Spoiler: it wasnât. Welcome to the mature market, folks. Itâs a bit of a buzzkill.
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2026-02-01 18:26