Bitcoin ETFs Recover with $6.8M Inflows After Major Outflows
By John Nada·Jan 27, 2026·2 min read
After a week of heavy losses, Bitcoin ETFs saw a turnaround with $6.8 million in inflows. Analysts suggest this could signal a potential recovery for Bitcoin.
Bitcoin ETFs finally turned positive, attracting $6.8 million in inflows after a staggering five-day streak of outflows totaling nearly $1.72 billion. Prior to this shift, daily outflows fluctuated between $32 million and $708 million, leaving investors anxious about the market's stability. Analysts suggest that Bitcoin's recent 1% price gain is contingent on whether these inflows can sustain momentum.
U.S. spot Bitcoin ETFs saw significant inflows, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) and Grayscale Bitcoin Mini Trust ETF (BTC) leading the way, securing $15.9 million and $7.7 million, respectively. Conversely, Bitwise’s Bitcoin ETF (BITB) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) faced outflows of $11 million and $5.7 million, while the ARK 21Shares Bitcoin ETF (ARKB) lost $2.9 million in assets.
This rebound in ETF inflows halted a series of losses, with last Wednesday alone witnessing outflows of $708.7 million. Despite this positive change, Bitcoin traded down 0.4% around $87,815, reflecting ongoing price stagnation after declines over the past week and month. David Morrison, a senior analyst at Trade Nation, noted that the recent inflow is a ‘positive sign’ in light of the earlier outflows that mirrored Bitcoin's selloff over the last fortnight.
Morrison acknowledged a prevailing disappointment among investors regarding Bitcoin's inability to capitalize on a strong start to 2026. However, he emphasized that if ETF inflows continue to rise, there could be potential for improvement in Bitcoin's performance. While some might dismiss Monday’s inflow as ‘little more than a rounding error,’ Bitcoin is currently trading within a significant support band of $85,000 to $90,000.
Yet, Bitcoin’s responsiveness to the uptick in U.S. equities has been sluggish. Stock markets are reaching record highs as earnings season approaches, but Bitcoin hasn't followed suit. Morrison pointed out that the correlation with the U.S. dollar is becoming stronger, noting the Dollar Index's decline nearing its three-and-a-half-year low. A further drop in the dollar could negatively impact Bitcoin, yet it may also provide a base for a rebound. Morrison concluded that a sudden increase in the dollar could potentially lift Bitcoin, helping it surpass mid-January highs.
The recent positive inflow into Bitcoin ETFs suggests a cautious optimism in the market, but it remains to be seen whether this trend can persist. Investors will be closely watching to see if these inflows signal a lasting recovery or just a temporary blip in a volatile landscape.