Bitcoin remains above $90,000 as investors withdraw $681 million

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Source: Yellow Original Title: What Keeps Bitcoin Above $90,000 While Investors Withdraw $681 Million

Original Link: Bitcoin (BTC) remains above $90,000 trading level, despite the US spot Bitcoin ETF recording a net weekly outflow of $681 million in its first week of trading in 2026.

The cryptocurrency traded at $90,200 during Friday’s midday session in New York, about 2% below the year-to-date opening price.

Since Tuesday, four consecutive days of institutional redemptions have wiped out the initial $1.2 billion inflow on Monday and January 2.

What’s Happening

Wednesday marked the strongest single-day redemption, with $486 million flowing out of Bitcoin ETFs.

The Fear and Greed Index dropped from 44 to 25, returning to the extreme fear territory.

Bitcoin briefly rose to $94,800 on Monday before retreating, failing to break through resistance levels sustained since the October sell-off.

Strategy firms continued accumulating, purchasing 1,286 BTC from December 29 to January 4.

The firm holds 673,783 BTC, worth approximately $63 billion, accounting for over 3% of the total Bitcoin supply.

Andreessen Horowitz raised $15 billion across multiple funds, covering artificial intelligence, cryptocurrencies, biotechnology, health, infrastructure, and growth investments.

The firm’s announcement emphasized the importance of cryptocurrencies to U.S. technological leadership but did not specify the percentage allocation to Bitcoin.

Why This Matters

Bitcoin’s resilience above $90,000 amid institutional outflows indicates that retail demand and non-ETF sources of demand are providing support.

ETF products account for only a small portion of total Bitcoin trading volume.

The outflows align with macroeconomic uncertainties, including geopolitical tensions and concerns over tariff policies.

Liquidity management by firms like Strategy has helped sustain buying pressure, offsetting temporary volatility from ETF outflows.

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