Bitcoin Holds Above $90K Despite ETF Outflows

Bitcoin Holds Above $90K Despite ETF Outflows

Bitcoin (BTC) is holding at $91,763.56 at press time despite the US BTC spot Exchange Traded Funds (ETFs) recording an outflow of $243.24 million yesterday, January 6, 2026. Other leading cryptocurrencies, including Ether (ETH) and XRP, are trading in the red. 

Bitcoin posted a weekly gain of 3.54% over the past week. The market cap touched $1.83 trillion. However, the price has edged lower by 1.89% over the past 24 hours. 

Bitcoin is currently trading below the 200-day Simple Moving Average (SMA). Nevertheless, the MACD is showing a bullish crossover, and the price remains above the 50-day Exponential Moving Average (EMA) and Simple Moving Average (SMA). The 14-day Relative Strength Index (RSI) reading of 57 indicates a neutral position. 

ETF Flows Record Outflows 

Overall, U.S. bitcoin spot ETFs recorded an outflow of $243.24 million. Although BlackRock’s IBIT saw strong inflows, they were offset by large outflows from Fidelity (FBTC), Grayscale (GBTC, BTC), and ARKB, resulting in total net outflows across ETFs. 

ETFs form approximately 6.54% of the total market capitalization of Bitcoin. The table below shows the ETF flows to the US BTC spot ETFs as of January 6, 2026. 

TickerExchangeSponsorPrem./Dsc.As of 01/061DNetInflowAs of 01/061DBTCInflowAs of 01/06
IBITNASDAQBlackRock0.0001$228.66M2.47K
FBTCCBOEFidelity-0.04%-$312.24M-3.38K
GBTCNYSEGrayscale-0.05%-$83.07M-898.36
BTCNYSEGrayscale-0.04%-$32.73M-354.01
BITBNYSEBitwise0.0001$0.000
ARKBCBOEArk & 21Shares0.0003-$29.47M-318.72

Source: SoSoValue

Despite yesterday’s outflows, Bitcoin spot ETFs recorded a net weekly inflow of $355.10 million. 

Moreover, Morgan Stanley submitted a filing to the U.S. Securities and Exchange Commission (SEC) for Bitcoin and Solana ETFs on Tuesday. ETF moves from the U.S.-based global investment bank indicate increased institutional acceptance and demand for regulated pathways to invest in digital assets. 

Bitcoin May Reclaim $94,000-$95,000 Soon: Crypto Expert Ted Pillows

Crypto expert Ted Pillows tweeted that although Bitcoin failed to reclaim the $94,000 to $95,000 resistance zone, a bullish MSCI announcement could help BTC retest that level.

“$BTC tried to reclaim the $94,000-$95,000 level but failed. The good thing is that Bitcoin is still holding above the $92,000 level here. With the MSCI bullish announcement, I think BTC could reclaim this zone soon.” Ted wrote on X today, January 7, 2026. 

Meanwhile, MSCI’s decision not to exclude Digital Asset Treasury (DAT) firms such as MicroStrategy ($MSTR) from its indexes boosted the company’s shares by about 6%. 

Michael Saylor’s MicroStrategy, the largest BTC treasury holder, announced its latest purchase of 1,287 BTC. The company currently holds 673,783 BTC. Strategy’s USD Reserve also increased by $62 million to $2.25 billion, according to the latest tweet from the company.

At the time of writing, ETH and XRP are hovering around $3,219.45 and $2.25, respectively. 

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