Crypto Funds Bleed $1.80 Billion As Metals Rally Heats Up

Investors stepped back this week as a mix of shifting bets and quick profit-taking pushed money out of spot crypto ETFs. Markets moved fast, and some of the biggest swings were driven by short-term reactions rather than a change in long-term views.

Spot Crypto ETF Flows

Based on reports from Farside, US-based spot Bitcoin ETFs saw about $1.50 billion leave over five trading days, while spot Ether ETFs had roughly $327 million in outflows.

That adds up to about $1.80 billion pulled from these funds in just a few days. On Jan. 14, reports note a very large inflow for Bitcoin ETFs — $840 million — which shows how quickly money can go in and out.

Some traders treated that day as a buying moment. Others used it to take profit. That push-and-pull shows up in the numbers.

A Rally In Metals, Then A Sudden Drop

Gold and silver grabbed attention when they climbed to fresh highs. Prices surged, and many investors moved money into precious metals.

But the rally was short-lived. On a single trading day, gold fell sharply from its peak and silver tumbled even more.

Reports say those sudden reversals left some investors rethinking their moves and helped create a wave of selling across other risk assets, including crypto.

Bitcoin has been swinging. Over the past week, BTC fell about 6.50% while Ether dropped around 8.90%, and they were trading around $82,500 and $2,685, respectively, according to CoinMarketCap.

The market had a short spike after talk of the US CLARITY Act, but prices then cooled. Moves like this are often tied to positioning, margin calls, and traders reacting to headlines.

At times, large flows into ETFs have pushed prices up. Other times, outflows coincide with volatile days when traders close positions quickly.

Reports note that some market watchers view the pullback as temporary. ETF analyst Eric Balchunas said the current negativity about Bitcoin’s price is short-sighted and pointed to strong performance in prior years as context.

Another voice, Bitwise’s Matt Hougan, suggested that continued ETF demand could send Bitcoin into a much higher trajectory over time.

These views reflect different timeframes — some focus on immediate flows, others on how steady demand might shape prices months from now.

Featured image from Unsplash, chart from TradingView