US Bitcoin ETFs recorded their fourth straight day of outflows on January 14, while Ethereum ETFs turned to inflows.

according to Data From SoSoValue, the 12 Bitcoin ETFs recorded $209.82 million in net outflows on Tuesday, Outflow line extension To four days, during which more than $1.2 billion in funds were withdrawn.

The majority of the day's outflows came from... Black RockIBIT, which recorded an outflow of $219.48 million, followed by Bitwise's BITB, which saw an outflow of $8.93 million.

WidomTree's BTCW managed a portion of these outflows with an inflow of $10.24 million accompanied by the help of VanEck's HODL and 21Shares' ARKB which saw inflows of $5.46 million and $2.89 million respectively.

The remaining BTC ETFs remained neutral on the day.

The total trading volume of the 12 Bitcoin ETFs was $2.23 billion, well below the $3.17 billion recorded the previous trading day.

Interestingly, this development comes despite Bitcoin (Bitcoin) rose above $97,000 to reach a daily high of $97,705 on January 15, amid a broader market rally that rose 1.3% on the day, bringing the total market capitalization to $3.53 trillion.

The rise came on the heels of a report issued by the Bureau of Labor Statistics on Tuesday, indicating lower-than-expected inflation. The Producer Price Index, which measures wholesale inflation, rose just 0.2% in December, compared with the 0.4% increase expected by economists polled by Dow Jones.

At press time, Bitcoin was still up 2.3% over the past day trading at $96,986 per coin.

Meanwhile, nine Ethereum ETFs recorded an outflow day on January 14, marking the end of a four-day series of outflows that saw more than $354 million exit the funds.

Notably, all the inflows came from Bitwise's ETHW which it attracted $1.15 million From investors. None of the other ETH ETFs saw any trading activity during the day.

The total cumulative net flow into these investment vehicles amounted to $2.41 billion. At press time. Ethereum (Ethereum) was also up 2% at $3,228.