Basis Trade -

Bitcoin ETFs Bleed $1.62B in Four Days — Are Hedge Funds Dumping BTC?

January 24, 2026 by jad

U.S. Bitcoin ETFs lost $1.62B in four days as hedge funds potentially exit basis trades. BlackRock’s IBIT led redemptions amid weaker BTC price momentum—what’s next for the market?

Spot Bitcoin ETFs Shed $1.62B in Four-Day Negative Streak

January 23, 2026 by jad

U.S. spot Bitcoin ETFs have experienced a significant outflow of $1.62 billion over a four-day period, driven by fading basis trade yields and macroeconomic uncertainties.

Name	Price
Bitcoin(BTC)	$89,512.37
Ethereum(ETH)	$2,954.67
Tether USDt(USDT)	$1.00
BNB(BNB)	$891.38
XRP(XRP)	$1.92
USDC(USDC)	$1.00
Solana(SOL)	$127.08
TRON(TRX)	$0.296525
Dogecoin(DOGE)	$0.124007
Cardano(ADA)	$0.359462