Leaky Bitcoin ETFs 💧

Bitcoin ETFs have notched three straight days of outflows after a strong start earlier in the week. What gives?

Author

Stacy Jones
January 09, 2026

📝 What you need to know

Bitcoin ETFs started the week with their best day in months and then logged three straight days in the red. Analysts told Decrypt earlier this week that Bitcoin’s trajectory from December lows would involve some overhead resistance between $92,100 and $117,400, where top buyers are likely to break even.

“It’s not surprising to see ETF investors doing a bit of de-risking,” Sean Dawson, head of research at on-chain options platform Derive. “The current flows are more reflective of tactical positioning and sentiment shifts than a sudden collapse in underlying demand.”

US Bitcoin ETFs Clock Three-Day Outflow Streak as Risk Appetite Cools

Tactical de-risking and declining investor sentiment are the reasons behind the recent spot U.S. ETF outflows, Decrypt was told.

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