Crypto ETF Week — Jan 26–30, 2026: net -$1.8B
Net flows for spot crypto ETFs turned negative this week, totaling -$1.8B. Key assets like Bitcoin and Ethereum faced considerable outflows.
TL;DR
- Net flow: -$1.8B
- Total inflows: +$32.5M
- Total outflows: -$1.9B
- Strongest day: Jan 26 (+$131.8M) · Weakest day: Jan 29 (-$1.0B)
Weekly Overview
During the week of January 26–30, 2026, net flows for spot crypto ETFs were negative, totaling -$1.8B. Flows were particularly concentrated in Bitcoin and Ethereum, with seven assets recording movements.
Flows by Asset
BTC
Net: -$1.5B / Inflow: +$2.8M / Outflow: -$1.5B
| Fund | Flow |
|---|---|
| BlackRock | -$947.2M |
| Fidelity | -$191.5M |
| Grayscale | -$119.4M |
| Bitwise | -$112.5M |
| 21Shares | -$78.5M |
| Grayscale BTC | -$29.5M |
| Invesco | -$8.4M |
| VanEck | -$3.5M |
| WisdomTree | +$2.8M |
ETH
Net: -$327.1M / Inflow: $0.0M / Outflow: -$327.1M
| Fund | Flow |
|---|---|
| BlackRock | -$264.0M |
| Grayscale | -$27.7M |
| Fidelity | -$16.9M |
| Grayscale ETH | -$16.5M |
| Bitwise | -$2.0M |
XRP
Net: -$26.7M / Inflow: +$23.5M / Outflow: -$50.1M
| Fund | Flow |
|---|---|
| Grayscale | -$50.1M |
| Bitwise | +$10.0M |
| Franklin | +$4.8M |
| 21Shares | +$4.5M |
| Canary | +$4.0M |
LINK
Net: +$3.6M / Inflow: +$0.7M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$0.7M |
SOL
Net: -$3.5M / Inflow: +$5.5M / Outflow: -$9.0M
| Fund | Flow |
|---|---|
| Grayscale | -$5.5M |
| Fidelity | +$5.1M |
| Bitwise | -$3.5M |
| VanEck | +$0.4M |
AVAX
Net: +$1.2M / Inflow: $0.0M / Outflow: $0.0M
No fund-level flows recorded.
DOGE
Net: +$0.2M / Inflow: $0.0M / Outflow: $0.0M
No fund-level flows recorded.
Daily Breakdown
| Date | Net flow |
|---|---|
| Jan 26 | +$131.8M |
| Jan 27 | -$203.9M |
| Jan 28 | +$19.6M |
| Jan 29 | -$1.0B |
| Jan 30 | -$764.6M |
Biggest Fund Moves
Largest inflows
- Bitwise (XRP): +$10.0M
- Fidelity (SOL): +$5.1M
- Franklin (XRP): +$4.8M
- 21Shares (XRP): +$4.5M
- Canary (XRP): +$4.0M
Largest outflows
- BlackRock (BTC): -$947.2M
- BlackRock (ETH): -$264.0M
- Fidelity (BTC): -$191.5M
- Grayscale (BTC): -$119.4M
- Bitwise (BTC): -$112.5M
Market Interpretation
Institutional positioning saw significant capital withdrawal, primarily from Bitcoin and Ethereum, which experienced outflows of -$1.5B and -$327.1M, respectively. XRP attracted some inflows, driven by multiple funds, while LINK, AVAX, and DOGE also recorded minor positive flows. The strongest day, January 26, indicated a temporary reprieve from outflows, but the worst day on January 29 highlighted substantial selling pressure.
Conclusion
The week closed with a net outflow of -$1.8B, reflecting overall bearish sentiment among investors. The significant withdrawals from major assets underscore ongoing market challenges.