Bitcoin Reaches “Fire‑Sale” Levels as ETF Outflows Hit $1.5B in a Week

Spot crypto ETFs had one of the worst weeks. According to the data, Bitcoin ETFs recorded $1.49 billion in net outflows from January 26 to 30, 2026. Following this, Ethereum ETFs logged a total outflow of $327 million. Altogether, this markets a sharp pullback in the crypto market at the end of January.

Bitcoin ETF Outflows of Nearly $1.5B

Bitcoin ETFs have lost nearly $1.5 billion in just five days. About 93% of January’s total net outflow of $1.6 billion was lost, making it the worst one in the history of ETF outflows. Bitcoin’s daily RSI also dropped to the 20-25 range, which historically led to price rebounds.

The maximum was recorded on January 29, 2026, recording an outflow of $817.8 million. Bitcoin prices also took a major hit, dropping by 5.14% towards $84,667.10. According to analysts, market volatility, uncertain macroeconomic conditions, and unfavorable sentiment toward BTC have caused this major catastrophe.

BlackRock (IBIT) Sold More Than 11,000 BTC

BlackRock (IBIT) took the hardest hit. In the span of five days, IBIT saw $947.2 million in outflows, equivalent to roughly 11,170 BTC. According to reports, the sell-off mainly took place on January 29 and 30, when BTC broke down from the support level, and panic selling set in.

Bitcoin prices fell due to the recent surge in gold and other precious metals, as investors and governments are seeking safety in traditional assets. It has raised questions about Bitcoin, considered a “digital gold”. Moreover, geopolitical tensions and macroeconomic policies have also affected BTC prices.

Ethereum ETFs Also Bled About $327 Outflows in a Week

BlackRock’s ETH ETF recorded $264 million in outflows over the week. It means approximately 94,995 ETH were sold. The biggest sell-off was on January 30, when ETH was trading at $2,500. IBIT and ETHA recorded significant outflows.

BlackRock’s ETH ETF Sold Over 95,000 ETH

BlackRock’es ETH ETH recorded $264 million outflows over the week. It means approximately 94,995 ETH were sold. The biggest sell-off was on January 30, when ETH was trading at $2,500. IBIT and ETHA recorded significant outflows.

What to expect next?

The markets experienced a partial recovery on Monday as spot ETFs recorded new inflows of about $562 million. Analysts expect the ETF outflows to stabilize in February. If heavy withdrawals continue, it could confirm that investors are moving away from the crypto market.

Analysts also consider that the IBIT and ETHA selling puts pressure on the market, and if the outflows halt, market sentiment can flip quickly. On the other hand, if the selling pressure has not eased, a major whale sell-off is a possibility.

Additionally, Bitcoin has struggled to maintain its support level near $83,000, and the ETF selling pressure has dragged prices lower. Currently, Bitcoin is holding above its key range at $80,000, and Ethereum is defending near $2,500. If the support levels break down, it could trigger a new round of ETF-driven liquidations and extended corrections.