U.S. Spot Bitcoin ETFs Record $394.7M Net Outflow on Jan. 17; Ethereum Products Add $4.7M

U.S. spot Bitcoin exchange-traded funds recorded a combined net outflow of $394.7M on January 17, Farside Investors data show. BlackRock's IBIT saw a $15.1M net inflow, while Fidelity's FBTC lost $205.2M, Bitwise's BITB recorded $90.4M in outflows, ARK's ARKB saw $69.4M in outflows and Grayscale's GBTC registered a $44.8M net outflow. U.S. spot Ethereum ETFs posted a net inflow of $4.7M the same day, with BlackRock's ETHA gaining $14.9M and Grayscale's ETHE losing $10.2M.