#etf #BTC
📉 Bitcoin-ETF: 4 consecutive days of outflows. What's happening in the market?
Despite an active start to the year, US spot Bitcoin-ETFs faced a wave of profit-taking and pressure from sellers. As of January 22, 2026, the fourth consecutive day of capital leaving the funds was recorded.
🔍 Key figures and facts:
• Net outflow per day: $32.11 million was withdrawn from the ETF ecosystem during the last trading session.
• Leaders of the "red zone": The main pressure came from the giants. BlackRock (#IBIT ) lost $22.35 million, and Fidelity (#FBTC ) - $9.76 million.
• Stability of other players: Grayscale, Bitwise and Ark & 21Shares showed zero dynamics, which indicates a wait-and-see attitude of their clients.
• $BTC Price: Bitcoin has lost the psychological $90,000 mark and is currently trading around $88,785 (-0.89% per day).
💡 Why is this not a reason to panic?
Although the short-term trend looks bearish, the overall picture remains positive:
1. Cumulative inflow: Over the entire existence of spot ETFs in the US, net inflows have amounted to an impressive $56.60 billion.
2. High liquidity: On Thursday alone, trading volume amounted to $3.30 billion. This means that investors are not leaving the market, but are actively redistributing assets.
3. Healthy pullback: Analysts consider the current situation as a "short-term recession" after a rapid growth, which is the norm for a healthy market.
⚠️Conclusion: Institutional interest has not disappeared, but the market needs a pause for consolidation. We are currently seeing a test of the $88,000 level for strength.
