Bitcoin, Ether ETFs lose $1B amid 6% crypto market slide

Bitcoin and Ether exchange-traded funds recorded about $1 billion in redemptions by Thursday as the total crypto market value fell roughly 6%. Spot Bitcoin ETFs posted around $817.9 million in one-day outflows, the largest daily figure since Nov. 2025, market data show.

Weekly redemptions across Bitcoin funds reached about $978 million by the close of Thursday, following roughly $1 billion in outflows the prior week. Spot Bitcoin ETFs have logged about $1.1 billion in net outflows so far in January.

The slide in crypto coincided with a broader pullback in U.S. stocks, tariff comments from President Donald Trump and weakness in large technology shares tied to artificial intelligence. Total crypto market capitalization stood near $2.92 trillion late Thursday, down from above $3 trillion a day earlier.

Outflows extended beyond Bitcoin. Spot Ether ETFs saw about $155.6 million withdrawn, XRP funds recorded roughly $92.9 million in redemptions, and Solana products posted around $2.2 million in outflows after about $10 million of inflows earlier in the week. Ether ETF assets under management totaled about $16.75 billion, near 5% of Ether’s market value of roughly $330 billion.

Earlier in January, Bitcoin ETFs posted inflows that shifted to outflows over the past two weeks, leaving the month in negative territory. Ether and other single-asset funds showed a similar shift, while smaller products such as Solana saw more variable day-to-day flows.

As we covered previously, Bitcoin fell to a two-month low, sliding to about $82,300, after reports that Kevin Warsh may become Donald Trump’s pick to lead the Federal Reserve. Traders anticipated tighter liquidity and a stronger dollar, given Warsh’s criticism of the Fed’s expanded balance sheet. Digital assets have historically benefited from aggressive stimulus and balance-sheet expansion, and a potential reversal was seen as a signal to rotate out of risk assets.