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Bitcoin ETFs Lose $510M as Selling Pressure Intensifies

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Bitcoin ETFs data: SoSo Value

Bitcoin spot ETFs recorded $509.70 million in net outflows on January 30 and mark the fourth day of redemptions in five trading sessions.

Summary

  • Bitcoin ETFs lost $509.7M on Jan 30, marking four redemptions in five sessions.
  • BlackRock’s IBIT led selling as BTC ETF assets fell to $106.9B.
  • Ethereum ETFs also bled $252.9M, extending a volatile outflow streak.

BlackRock’s IBIT led withdrawals with $528.30 million in outflows, while Fidelity’s FBTC attracted $7.30 million in inflows as one of just three funds posting positive flows.

The weekly total reached $1.49 billion in outflows for the period ending January 30, following the previous week’s $1.33 billion exodus.

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Bitcoin (BTC) struggled to maintain momentum near $83,000 as sustained Bitcoin ETFs selling pressure dragged total net assets to $106.96 billion from $115.88 billion on January 23.

Cumulative total net inflow fell to $55.01 billion from $56.49 billion over the same period.

January 29 posts largest single-day Bitcoin ETFs outflow

The outflow streak intensified January 29 with $817.87 million in redemptions, the largest single-day withdrawal since the selling wave began.

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January 27 saw $147.37 million in outflows, while January 28 posted a more modest $19.64 million in withdrawals.

January 26 provided brief respite with $6.84 million in inflows before redemptions resumed.

Bitcoin ETFs data: SoSo Value
Bitcoin ETFs data: SoSo Value

Ark & 21Shares’ ARKB attracted $8.34 million in inflows on January 30, while VanEck’s HODL posted $2.96 million in positive flows.

Grayscale’s GBTC and mini BTC trust, along with Bitwise’s BITB, Invesco’s BTCO, Valkyrie’s BRRR, Franklin’s EZBC, WisdomTree’s BTCW, and Hashdex’s DEFI all recorded zero flows.

Total value traded reached $5.32 billion on January 30, down from $7.51 billion the previous day.

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The two-week outflow period from January 20 through January 30 has drained approximately $2.82 billion from Bitcoin ETFs.

BlackRock’s IBIT holds $61.96 billion in cumulative net inflows. Fidelity’s FBTC has accumulated $11.27 billion in total inflows.

Ethereum posts $252M in outflows as BlackRock leads

Ethereum spot ETFs recorded $252.87 million in net outflows on January 30, with BlackRock’s ETHA accounting for $157.16 million and Fidelity’s FETH posting $95.71 million in redemptions.

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Total net assets for Ethereum products fell to $15.86 billion from $17.70 billion on January 23.

Cumulative total net inflow dropped to $11.97 billion from $12.30 billion. Total value traded reached $1.80 billion on January 30.

Ethereum ETFs have posted outflows in three of the past four trading days. January 29 saw $155.61 million in withdrawals, while January 27 recorded $63.53 million in redemptions.

January 28 provided a brief reversal with $28.10 million in inflows before selling resumed.

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Crypto World

Bitcoin Faces Little Chance of Holding Its 200-Week Moving Average for Long

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Bitcoin Faces Little Chance of Holding Its 200-Week Moving Average for Long

Bitcoin (BTC) price support could “fail” by the weekly close in a major blow to Bitcoin bulls, analysis warns.

Key points:

  • BTC price downside versus local highs at $76,000 nears 10%.

  • Bitcoin brings its 200-week trend line back into focus, but little hope remains that it will rescue price.

  • A trader warns of “months” of ranging at current levels.

200-week BTC price trend line “unreliable”

In his latest X update on Thursday, crypto trader and analyst Rekt Capital brought a long-term BTC price trend line back into focus.

The 200-week exponential moving average (EMA) for BTC/USD, currently at around $68,300, is coming in for its first retest in over a week.

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“Bitcoin is pulling back in towards the 200-week EMA (black) to check if it can successfully turn the EMA into new support after having broken it as resistance last week,” he summarized.

The 200-week EMA has long been on the radar for traders. Along with its equivalent simple moving average (SMA) near $59,000, it forms a key support band for price as Bitcoin’s latest bear market takes shape.

BTC/USD one-week chart with 200 EMA, 200 SMA. Source: Cointelegraph/TradingView

BTC/USD has crisscrossed the 200-week EMA multiple times in 2026, but its significance remains.

“A successful retest of the EMA would fully confirm the breakout beyond it to enable future trend continuation to the upside and further build on this Macro Relief Rally,” Rekt Capital continued.

“However, it is important to consider whether Bitcoin could fail this upcoming retest into new support, in the same way price failed to bearish retest the 200 EMA into new resistance before.”

BTC/USD one-day chart with 200-week EMA. Source: Cointelegraph/TradingView

The post describes the EMA as “unreliable” thanks to price crossing both above and below it with ease.

“A Weekly Close below the 200 EMA would mean that price failed its upcoming retest to in turn strengthen the case for the EMA acting as unreliable support,” Rekt Capital concluded.

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Bitcoin trader: Current range could last “months”

The current low-time frame BTC price trading range contains multiple important lines in the sand.

Related: $58K BTC price still in play? Five things to know in Bitcoin this week

Bitcoin’s old all-time high from 2021 is at $69,500, while its 2025 lows currently mark the start of overhead resistance at $74,500.

So far, bulls have been unable to clear sellers and continue past $76,000, and many market participants expect new macro lows to come as a result as price retreats by nearly 10%.

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Updating X followers on his thoughts, trader Roman, long entertaining a trip to $50,000 or lower, said that price may form a frustrating sideways range first.

“It’s very possible we range here for months,” he warned.