BitcoinMarkets
|2 min ReadBitcoin ETFs Bleed $1.2B; Schwab Stays Bullish
Maya Chen
Senior Analyst
Published
Jan 16, 2026
Outflows hit as BTC stumbles
Spot Bitcoin ETFs in the United States saw another red week. Total outflows reached 115,000 on Monday to a four-month low near $104,000 by Friday.
Friday alone booked 268.6 million out, Fidelity shed 25 million, and Valkyrie also saw a small outflow. Others were flat, according to SoSoValue. One small inflow day on Tuesday wasn’t enough to stem the tide. Tough week. Not pretty.
Schwab clients lean in
Schwab isn’t blinking. CEO Rick Wurster said the firm’s clients now own 20% of all U.S. crypto exchange-traded products. He told CNBC crypto ETPs have been “very active,” with visits to Schwab’s crypto site up 90% over the past year. It’s engagement. It’s sticky. It’s big.
ETF analyst Nate Geraci flagged Schwab’s scale and message here: https://x.com/NateGeraci/status/1979348927012049145. The brokerage already offers crypto ETFs and Bitcoin futures and plans to offer spot crypto trading to clients in 2026. (Story text: Schwab plans to offer spot crypto trading to its clients in 2026.)
Red October, but history isn’t done
October is usually kind to Bitcoin. Not this time—so far. BTC is down about 6% this month, per CoinGlass. Still, some market watchers say the historical gains often arrive in the back half of October, and expected Federal Reserve rate cuts could help the bid.
It’s a classic split screen. Price action looks weak. Flows look negative. Yet mainstream distribution keeps marching—bigger pipes, bigger brands, bigger audience. That combination can be tremendous when the tape turns.
Disclaimer: This document is intended for informational and entertainment purposes only. The views expressed in this document are not, and should not be taken as, investment advice or recommendations. Recipients should do their own due diligence, taking into account their specific financial circumstances, investment objectives and risk tolerance, which are not considered here, before investing. This document is not an offer, or the solicitation of an offer, to buy or sell any of the assets mentioned.