Warning: Large outflows from crypto ETFs!
U.S. spot crypto exchange-traded funds have recorded massive net outflows in recent days:
- Bitcoin ETFs: Net outflows exceeding $1.1 billion over three consecutive days (up to January 8), nearly erasing all strong inflows at the beginning of 2026 (which reached $1.16 billion).
- Largest outflow day: Approximately $486 million, with significant losses at Fidelity and BlackRock.
- Ethereum ETFs: Net outflow of around $160 million in a single recent day, with continued selling pressure.
- Even XRP ETFs recorded their first outflow ($40 million) after a long streak of inflows.
This reflects institutional profit-taking, declining risk appetite, and a correction following the rapid rise at the start of the year... but JPMorgan sees signs of slowing outflows and a potential bottom! $BTC $ETH $XRP
