Monthly Overview
In January 2026, net flows into spot crypto ETFs were negative, totaling -$1.7B. The month saw inflows from nine assets, with notable contributions from SOL and XRP.
Flows by Asset
BTC
Net: -$1.6B / Inflow: +$49.6M / Outflow: -$1.7B
| Fund | Flow |
|---|---|
| Fidelity | -$841.7M |
| Grayscale | -$449.5M |
| 21Shares | -$150.9M |
| BlackRock | -$136.5M |
| Bitwise | -$61.1M |
| Franklin | +$21.8M |
| Grayscale BTC | -$14.7M |
| Invesco | +$11.1M |
| WisdomTree | +$7.7M |
| Valkyrie | +$6.4M |
| VanEck | +$2.6M |
ETH
Net: -$342.6M / Inflow: +$159.2M / Outflow: -$501.8M
| Fund | Flow |
|---|---|
| BlackRock | -$325.6M |
| Grayscale ETH | +$138.6M |
| Grayscale | -$95.4M |
| Fidelity | -$72.3M |
| Bitwise | +$11.6M |
| VanEck | -$8.5M |
| 21Shares | +$6.6M |
| Franklin | +$2.4M |
SOL
Net: +$102.1M / Inflow: +$103.3M / Outflow: -$1.2M
| Fund | Flow |
|---|---|
| Bitwise | +$53.7M |
| Fidelity | +$37.7M |
| Grayscale | +$7.4M |
| VanEck | +$4.5M |
| 21Shares | -$1.2M |
XRP
Net: +$90.5M / Inflow: +$151.0M / Outflow: -$60.5M
| Fund | Flow |
|---|---|
| Franklin | +$67.8M |
| Bitwise | +$64.0M |
| Grayscale | -$35.4M |
| 21Shares | -$25.1M |
| Canary | +$19.2M |
LINK
Net: +$15.3M / Inflow: +$9.8M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$9.8M |
HBAR
Net: +$5.5M / Inflow: +$5.5M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Canary | +$5.5M |
DOGE
Net: +$4.0M / Inflow: +$4.2M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$4.2M |
LTC
Net: +$2.4M / Inflow: +$2.4M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Canary | +$2.4M |
AVAX
Net: +$1.2M / Inflow: $0.0M / Outflow: $0.0M
No fund-level flows recorded.
Weekly Breakdown
| Week | Net flow |
|---|---|
| Jan 1 – Jan 3 | +$690.3M |
| Jan 5 – Jan 9 | -$663.0M |
| Jan 12 – Jan 16 | +$2.1B |
| Jan 20 – Jan 23 | -$1.9B |
| Jan 26 – Jan 31 | -$1.8B |
Biggest Fund Moves
Largest inflows
- Grayscale ETH (ETH): +$138.6M
- Franklin (XRP): +$67.8M
- Bitwise (XRP): +$64.0M
- Bitwise (SOL): +$53.7M
- Fidelity (SOL): +$37.7M
Largest outflows
Market Interpretation
Institutional positioning showed significant outflows from BTC and ETH, with BTC experiencing the largest withdrawals. Conversely, SOL and XRP attracted capital, indicating a rotation among assets. The best day for inflows was January 14, with +$1.1B, while January 29 marked the worst, reflecting a loss of -$1.0B.
Conclusion
The month concluded with a net figure of -$1.7B, highlighting the challenges faced by many crypto assets. Despite this, certain assets like SOL and XRP managed to draw in positive flows.
Flows are net creations minus redemptions, published the next morning (T+1). Text written by AI from computed figures. Market data for informational purposes only. Not investment advice.