Bitcoin and ether exchange-traded funds (ETFs) experienced significant outflows on January 9, 2025, with bitcoin ETFs losing $582 million—the second highest since their launch—while ether ETFs saw a $159 million outflow. Major contributors to these declines include Fidelity's FBTC, which accounted for $258 million in withdrawals, and BlackRock's IBIT, which lost $124 million. This drop in investment coincided with rising fears of U.S. inflation, influencing market volatility and leading to a nearly 8.5% decline in bitcoin's price over three days. Fed meeting minutes indicated concerns regarding inflation driven by incoming policies from President Donald Trump, which have prompted analysts to recommend maintaining exposure to digital assets, particularly bitcoin. The upcoming U.S. employment report is anticipated to provide further insight into economic health, which may affect market conditions.

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