Bitcoin ETFs See Sharp $486M Net Outflow on January 7.
Bitcoin ETFs recorded a combined $486 million net outflow on January 7, marking one of the largest single-day withdrawals in recent weeks.
The data, published by SoSoValue, shows broad-based selling pressure across major issuers, ending a period of relatively steady inflows.
The pullback was led by the largest and most actively traded products. BlackRock’s IBIT posted -$129.96 million in net outflows, while Fidelity’s FBTC saw the heaviest withdrawal at -$247.62 million. Together, these two funds accounted for the majority of the day’s selling.$BTC $XRP $SOL
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