Crypto ETFs Crash: $766M Outflow Hits BTC, ETH, XRP
On January 20, major spot crypto ETFs faced significant outflows as market sentiment turned cautious. Bitcoin ETFs saw roughly $483 million leave, with Grayscale’s GBTC dropping $161 million and Fidelity’s FBTC losing $152 million. Ethereum ETFs ended a five-day inflow streak, seeing $230 million withdrawn. XRP ETFs declined by $53.3 million overall, despite a $2 million gain for Franklin’s fund, while Solana ETFs recorded $3.1 million in inflows through Fidelity and Franklin products.
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