Spot Bitcoin ETFs Lose $681M in First Week of 2026 as Risk Appetite Fades

Spot Bitcoin exchange-traded funds (ETFs) began 2026 with sharp outflows, shedding a mixed $681 million over the primary full buying and selling week of the 12 months.

In accordance with knowledge from SoSoValue, spot Bitcoin (BTC) ETFs recorded 4 consecutive days of internet outflows between Tuesday and Friday, outweighing inflows earlier within the week. The biggest day by day redemption occurred on Wednesday, when merchandise shed $486 million, adopted by $398.9 million on Thursday and $249.9 million on Friday.

The reversal got here after 2026 opened with temporary energy. On Jan. 2, Bitcoin ETFs attracted $471.1 million, adopted by one other $697.2 million influx on Jan. 5.

Spot Ether (ETH) ETFs adopted an analogous trajectory. On a weekly foundation, spot Ether ETFs posted internet outflows of roughly $68.6 million, ending the week with whole internet belongings of round $18.7 billion.

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Macro uncertainty drives risk-off shift

Vincent Liu, chief funding officer at buying and selling agency Kronos Analysis, pointed to macro uncertainty as the first driver behind the pullback. He instructed Cointelegraph that shifting expectations round financial coverage and international danger have been weighing on positioning.

“With Q1 fee cuts wanting much less possible and geopolitical dangers rising, macro circumstances have turned risk-off,” Liu stated. “As merchants look forward to clearer optimistic indicators, decreased danger urge for food is spilling into crypto.”

Liu added that buyers at the moment are intently watching upcoming US Client Value Index knowledge and Federal Reserve steering for clues on when easing may resume. “Till clearer indicators emerge, positioning is prone to stay cautious,” he added.

Associated: Grayscale varieties trusts tied to potential BNB and HYPE ETFs

Morgan Stanley recordsdata for Bitcoin, Solana ETFs

Regardless of risky market circumstances, Morgan Stanley has filed with the US Securities and Trade Fee to launch two spot crypto ETFs, one monitoring Bitcoin and the opposite Solana (SOL).