Bitcoin ETFs Slip Into Outflows as Ethereum, XRP and Solana Gain Momentum

• Bitcoin ETF flows reversed on Jan. 6 after a strong early 2026 start.
• BlackRock’s IBIT remained the only Bitcoin ETF with net inflows.
• Ethereum, XRP, and Solana ETFs continued attracting institutional capital.

Bitcoin ETF flows shifted negative on Jan. 6, ending a brief streak of strong inflows. While Bitcoin funds faced redemptions, Ethereum, XRP, and Solana ETFs continued to draw fresh capital from investors.

Bitcoin ETF flows reverse after strong early momentum

Bitcoin ETF flows posted net outflows of $243.24 million on Jan. 6, according to SoSoValue data. The reversal followed more than $1.16 billion in inflows during the first two trading days of 2026.

Fidelity’s Wise Origin Bitcoin Fund led the selling, recording $312.24 million in outflows. Grayscale’s GBTC followed with $83.07 million withdrawn, alongside $32.73 million leaving its Bitcoin Mini Trust.

🇺🇸 ETF FLOWS: ETH, SOL and XRP spot ETFs saw net inflows on Jan. 6, while BTC spot ETFs saw net outflows.

BTC: – $243.24M
ETH: $114.74M
SOL: $9.22M
XRP: $19.12M pic.twitter.com/FHHbOgoXCh

— Cointelegraph (@Cointelegraph) January 7, 2026

Other issuers, including Ark & 21Shares and VanEck, also saw redemptions. These movements outweighed demand for BlackRock’s iShares Bitcoin Trust, which attracted $228.66 million during the session.

Cointelegraph reported the flow data on X, noting that Bitcoin funds were the only segment posting aggregate losses. The update contrasted sharply with inflow patterns seen across other crypto-linked ETFs.

BlackRock dominance and analyst commentary shape narrative

IBIT stood alone among U.S. spot Bitcoin ETFs with positive flows on Jan. 6. Across the first three trading days of 2026, the fund accumulated roughly $888 million in net inflows.

Bloomberg ETF analyst Eric Balchunas commented on X that Bitcoin ETFs entered 2026 “like a lion.” He noted that inflows exceeded $1.2 billion in just two sessions, with broad participation.

Balchunas added that sustaining such momentum would suggest annual inflows near $150 billion. He contrasted this pace with 2025, when U.S. spot Bitcoin ETFs gathered $21.4 billion overall.

Bitcoin ETF flows had surged on Jan. 5, when funds logged $697 million in net inflows. That session marked the strongest single-day intake in three months as Bitcoin traded above $90,000.

Ethereum and altcoin ETFs continue attracting capital

While Bitcoin ETF flows turned negative, U.S. spot Ethereum ETFs recorded $114.74 million in net inflows. This occurred despite outflows from select Grayscale and Fidelity Ethereum products.

Altcoin-focused ETFs also remained in positive territory. XRP ETFs added $19.12 million, while Solana ETFs attracted $9.22 million, reflecting continued diversification by institutional investors.

XRP’s momentum extended beyond daily flows. The token rose 25% during the first week of 2026, supported by regulatory clarity and steady ETF demand, according to market participants.

Cointelegraph data showed XRP ETFs have not recorded a single day of net outflows since launch. Since November, these products have attracted $1.3 billion, surpassing comparable Solana ETF inflows.

Bitcoin ETF flows may fluctuate near term, yet the broader ETF market remains active. Capital rotation toward Ethereum and select altcoins continues shaping early 2026 trading patterns.