- Bitcoin loses 2026 gains
- BlackRock retains leadership amid sell-offs
Bitcoin has dived deep into red territory over the last day, and Bitcoin spot ETFs, on the other hand, recorded massive withdrawals not seen so far in this year.
According to recent data from SosoValue, Bitcoin ETFs have recorded their largest single-day outflow of 2026, with investors pulling in a total of $817.87 million across all funds.
This negative performance by the spot Bitcoin ETF ecosystem has come as market volatility intensified and Bitcoin prices slid significantly
Bitcoin loses 2026 gains
While this sharp reversal came as Bitcoin traded around $84,220, declining by over 4% in the last 24 hours, Bitcoin has now dropped all gains achieved so far in 2026.
As such, Bitcoin has declined by about 5.37% in its year-to-date returns, triggering caution across nearly all major spot ETF products, including Bitcoin and Ethereum.
Amid the heavy daily losses, trading activities across Bitcoin funds remained elevated during the sell-off, with $7.51 billion in total value traded. Notably, this indicates active repositioning rather than a breakdown in liquidity.
BlackRock retains leadership amid sell-offs
It is important to note that the outflows seen on Jan. 29 were led by the largest issuers
The data revealed that the BlackRock Bitcoin ETF, which has continued to dominate the sector, posted a massive $317.81 million in net outflows. However, it still retains substantial holdings of about $64.90 billion in assets.
Fidelity’s FBTC followed closely with about $168.05 million in total withdrawals, while Grayscale’s GBTC continued to experience pressure with $119.44 million in outflows, alongside an additional $37.21 million withdrawn from its newer BTC product.
While all major Bitcoin ETFs logged substantial single-day outflows, smaller ETFs such as VanEck’s HODL, Invesco’s BTCO and Valkyrie’s BRRR saw little-to-no capital flows at all.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Halving Two-Years Anniversary: Annual inflation rate drops to 0.85%, officially becoming a rarer asset than gold
The Bitcoin halving in April 2024 lowered its annual inflation rate to 0.85%, for the first time below gold’s 1.5–2%. Bitcoin’s scarcity comes from code rules: supply will gradually decrease, and another halving is expected again in 2028. This halving cycle witnessed increased participation from institutional investors, strengthening Bitcoin’s position as digital gold.
ChainNewsAbmedia22m ago
Bhutan Reduces Bitcoin Stash From 13000 BTC to Under 4000 in 18 Months
_Bhutan cuts Bitcoin holdings from 13,000 BTC to 3,954 BTC in 18 months, with $215.7M transferred out and mining inflows declining_
Bhutan has reduced its Bitcoin holdings over the past 18 months, based on new blockchain data.
Arkham data shows a steady decline in the country’s reserves since
LiveBTCNews38m ago
'Not Going to Stop at Bitcoin': Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push
In brief
Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, sees a tokenized money-market fund as a natural path forward for its crypto roadmap.
What’s more, the investment bank with $9.3 trillion in client
Decrypt59m ago
Crypto analyst Murphy: The current difficulty of trading BTC in the short term is extremely high—sharing my personal trade records and risk management strategies
Bitcoin’s short-term trading difficulty is increasing. Analyst Murphy recommends adopting a DCA (dollar-cost averaging) strategy over the next six months, with a win rate approaching 100%. He emphasizes the need to distinguish between investing and trading, avoid wishful thinking, follow the long-term trend, and strictly adhere to short-term trading discipline.
GateNews1h ago
Bitcoin Hits $73K as US CPI Data Cools, Gas Prices Hit 60-Year High
Bitcoin traded near the $73,000 zone after the March CPI print came in cooler than some forecasts, easing some inflation fears and setting the stage for a cautious push higher. The Bureau of Labor Statistics showed the consumer price index rose modestly, with energy costs driving the month’s big
CryptoBreaking1h ago
