FX.co ★ Bitcoin Hits Over 2-Month Low

In late January, Bitcoin experienced a decline of 2.8%, dropping to $82,159. This marked its lowest point since November 21, 2025, influenced by ongoing outflows from ETFs and a generally muted market sentiment. Over a span of five trading days, from January 20 to 26, Bitcoin spot ETFs saw net outflows totaling $1.14 billion, the most substantial weekly withdrawal since early January. These outflows were predominantly driven by investments in Fidelity’s FBTC, Grayscale’s GBTC, BlackRock’s iShares Bitcoin Trust, and Ark 21Shares’ ARKB, which together constituted approximately 92% of the total redemptions. Notably, BlackRock’s iShares Bitcoin Trust, recognized as the largest Bitcoin ETF and among the most successful fund launches, has now been surpassed by the company's Gold ETF in terms of total assets. Additionally, market sentiment was further dampened by geopolitical uncertainties, including tensions over rare-earth tariffs and ongoing debates regarding Federal Reserve policies. Consequently, traditional safe-haven assets like gold and silver have garnered increased interest, while riskier investments such as Bitcoin are facing greater selling pressure.