Bitcoin ETFs lose record $4.57 billion in two months<\/title><meta name=\"description\" content=\"Spot BTC ETFs registered their sharpest outflows on record through November and December as prices dropped 20%.\"><link rel=\"manifest\" href=\"http:\/\/www.coindesk.com\/manifest.webmanifest\"><meta name=\"robots\" content=\"index, follow, nocache\"><meta name=\"googlebot\" content=\"index, follow, max-video-preview:-1, max-image-preview:large, max-snippet:-1\"><meta name=\"page_url\" content=\"https:\/\/www.coindesk.com\/markets\/2026\/01\/02\/bitcoin-etfs-lose-record-usd4-57-billion-in-two-months\"><meta name=\"media_type\" content=\"html\"><meta name=\"page_category\" content=\"article_page\"><meta name=\"content_language\" content=\"en\"><meta name=\"parsely-title\" content=\"Bitcoin ETFs lose record $4.57 billion in two months\"><meta name=\"parsely-link\" content=\"https:\/\/www.coindesk.com\/markets\/2026\/01\/02\/bitcoin-etfs-lose-record-usd4-57-billion-in-two-months\"><meta 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content=\"Spot BTC ETFs registered their sharpest outflows on record through November and December as prices dropped 20%.\"><meta name=\"twitter:image\" content=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/b7990c1aee6dc662da6a92e4675c895b7b28cf2b-1920x1080.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg\"><meta name=\"twitter:image:width\" content=\"1920\"><meta name=\"twitter:image:height\" content=\"1080\"><meta name=\"twitter:image:alt\" content=\"Outflows (Unsplash, modified by CoinDesk)\"><\/head><body class=\"\n\t\t\t\t\tlight\n\t\t\t\t\tbg-default\n\t\t\t\t\ttext-default\n\t\t\t\t\toverflow-x\n\t\t\t\t\tscroll-smooth\n\t\t\t\t\toverflow-x-hidden\n \t\t\t\ttemp_prefix_sm:[&:has(#side-bar:not(:empty))_#content]:pr-[72px]\n \t\t\t\ttemp_prefix_sm:[&:has(#side-bar:not(:empty))_#main-navigation]:z-[102]\n\t\t\t\t\" id=\"readabilityBody\"><\/p>\n<\/p>\n<\/body><\/div>\n Omkar Godbole <a 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