Spot Bitcoin ETFs saw money flowing in on January 26, 2026. This was the first positive day after 5 straight sessions of outflows. The amount was small. Still, it matters. It suggests fear in the market may be slowing down. This comes after Bitcoin dropped sharply below $90,000.
Data from SoSoValue shows US spot Bitcoin ETFs recorded net inflows of $6.84 million on the day. This ended a long streak of money leaving the funds. Compared to past bull runs, the inflow is tiny. But it hints that investors may be pausing before pulling out more capital.
BlackRock’s Bitcoin ETF, IBIT, led the recovery. It recorded $15.93 million in inflows. At the same time, Bitwise’s BITB saw the largest outflow at $10.97 million. Overall, the market still looks mixed but less panicked.
The positive mood was not limited to Bitcoin. Spot Ethereum ETFs recorded $117 million in inflows after 4 days of losses. This shows buyers slowly returning to major crypto assets.
Solana spot ETFs also saw interest. They attracted $2.46 million in inflows. All of it went into Bitwise’s Solana ETF. Total assets in Solana ETFs have now reached $1.05 billion.
XRP spot ETFs posted $7.76 million in inflows. Bitwise again led with $5.31 million. Total inflows into XRP spot ETFs have now crossed $1.24 billion. This shows steady demand despite recent market weakness.
Even with this bounce, the bigger picture remains cautious. Global digital asset investment products saw $1.73 billion leave the market in the week ending January 23. This was the largest weekly outflow since mid November 2025. Bitcoin products alone accounted for $1.09 billion of those losses.
Bitcoin’s price has struggled for weeks. After falling below $100,000, pressure increased fast. Global economic worries and political tensions pushed Bitcoin below $87,000. At the same time, money moved into gold and silver, which added stress to crypto markets.
The small ETF inflows on January 26 came as buyers tried to push Bitcoin back into the $89,000 to $90,000 range. Prices now appear to be moving sideways. This suggests a pause rather than a clear recovery.
Large investors are still careful. Weekly outflows of $1.73 billion show that confidence has not fully returned.
CryptoQuant shared data showing open interest on Binance remains high. This means many traders are still using leverage. Selling pressure looks balanced for now. But leverage has not been fully cleared out. This keeps downside risk alive.
QCP Group believes the pressure is coming from global factors, not crypto itself. They point to trade tensions, US budget uncertainty, and concerns around possible US Japan action to support the yen. These issues are making investors reduce risk across all markets.
Analysts say Bitcoin could drop below $85,000 if selling picks up again. In a deeper downturn, $70,000 is also being discussed. On the upside, if global conditions improve and money flows back into Bitcoin, a move toward $100,000 and above is still possible.
