Bitcoin ETFs Dip $19.6M While Ethereum and Solana Draw Fresh Inflows

Bitcoin ETFs experienced outflows of $19.64 million on January 28, 2026, extending the recent pattern of institutional selling, according to SoSoValue data.

Ethereum ETFs recorded $28.10 million in inflows during the same session, the second consecutive day of positive flows after the $116.99 million surge on January 26.

Fidelity Leads Bitcoin ETF Inflows Despite Net Outflows

Fidelity’s FBTC recorded $19.45 million in inflows on January 28, the only major Bitcoin ETF product to see positive flows.

The inflows were offset by withdrawals from BlackRock’s IBIT of $14.18 million, Bitwise’s BITB of $12.61 million, and Ark & 21Shares’ ARKB of $12.30 million.

The net outflow of $19.64 million came as most Bitcoin ETF sponsors reported zero activity. Grayscale’s GBTC, Grayscale’s BTC, VanEck’s HODL, Invesco’s BTCO, Valkyrie’s BRRR, Franklin’s EZBC, WisdomTree’s BTCW, and Hashdex’s DEFI all recorded no flows for the day.

Total value traded across Bitcoin ETFs reached $3.27 billion on January 28. Cumulative total net inflows declined to $56.33 billion from $56.35 billion on January 27.

Bitcoin ETFs Weekly Outflows Reach $160.17 Million

Weekly data shows Bitcoin ETFs recorded $160.17 million in outflows for the period ending January 28.

This followed the prior week’s $1.33 billion in withdrawals through January 23. The two consecutive weeks of negative flows brought total outflows to $1.49 billion.

Total value traded on a weekly basis for Bitcoin ETFs reached $10.03 billion as of January 28. This compared to $17.45 billion in the prior week ending January 23, showing reduced trading activity.

The week ending January 16 had recorded $1.42 billion in Bitcoin ETF inflows, the last strong positive weekly performance.

The subsequent weeks erased those gains and brought cumulative flows down to $56.33 billion from the $57.82 billion peak on January 16.

Ethereum ETFs Record Second Consecutive Day of Inflows

Ethereum ETFs attracted $28.10 million on January 28, following the $116.99 million inflow on January 26.

BlackRock’s ETHA led with $27.34 million in inflows, while Fidelity’s FETH recorded $752,030, or approximately $0.75 million.

Most Ethereum ETF products reported zero activity for the day, including Grayscale’s ETHE, Grayscale’s ETH, Bitwise’s ETHW, VanEck’s ETHV, Franklin’s EZET, 21Shares’ TETH, and Invesco’s QETH.

Cumulative total net inflows for Ethereum ETFs reached $12.38 billion, up from $12.36 billion on January 27. Total net assets increased to $18.22 billion from $18.15 billion.

The January 28 inflows followed $63.53 million in outflows from Ethereum ETFs on January 27.

The return to positive flows provided relief after a volatile period that included a $297.51 million withdrawal on January 21.

Ethereum ETFs Weekly Flows Turn Positive at $81.55 Million

Weekly data shows Ethereum ETFs recorded $81.55 million in inflows for the period ending January 28.

This reversed the prior week’s $611.17 million in outflows through January 23.

Total value traded on a weekly basis for Ethereum ETFs reached $3.83 billion as of January 28. This compared to $6.99 billion in the prior week ending January 23.

The week ending January 16 had recorded $479.04 million in Ethereum ETF inflows. The following week’s $611.17 million in outflows erased those gains, but the latest week’s recovery brought cumulative flows to $12.38 billion.

Solana spot ETFs recorded $6.69 million in inflows on January 28, continuing positive performance for the altcoin ETF products.

The combined positive flows across Ethereum and Solana ETFs totaled $34.79 million on January 28.

This exceeded the $19.64 million in Bitcoin ETF outflows, bringing the net daily flow across all three cryptocurrency ETF categories to $15.15 million in inflows.