US Bitcoin exchange-traded funds posted their third straight day of outflows this year, as Bitcoin fell below $90,000 amid broader risk-off sentiment in the market.

according to Data From SoSoValue, the 12 Bitcoin ETFs recorded $284.19 million in net outflows on January 13, extending the outflow streak to three days, during which more than $1 billion exited the funds.

Fidelity's FBTC led outflows on Monday, with $113.64 million exiting the fund, followed by ARK 21Shares' ARKB, which saw outflows of $92.36 million.

Grayscale's GBTC and Bitwise's BITB also contributed to the negative momentum, with investors withdrawing $89.01 million and $18.64 million from the funds, respectively.

Meanwhile, Black RockIBIT stood out as the only exception, recording an inflow of $29.46 million. The remaining Bitcoin ETFs recorded no inflows during the day.

The total trading volume of the 12 Bitcoin ETFs reached $3.17 billion, slightly lower than the $3.26 billion recorded the previous day.

The large outflows recorded on January 13 coincided with Bitcoin, the main cryptocurrency, briefly falling below the $90,000 level on Monday.

Crypto assets have fallen since last week after stronger-than-expected payroll numbers, causing bond yields to rise. Additionally, concerns over President-elect Donald Trump's tariff plans have strengthened the dollar while putting pressure on Bitcoin and other risk assets.

At the time of writing, Bitcoin (Bitcoin) by 1%, as it recovered above $95,000 - a key support level for its potential move back above $100,000, as male by many analysts

Ethereum ETFs are also facing outflows

The nine Ethereum ETFs recorded their fourth straight day of outflows on January 13, with $39.43 million withdrawn from the funds.

Grayscale's Ethereum Mini Trust reported an outflow of $37.84 million per day, and its GBTC fund also contributed to the negative momentum with $14.49 million exiting the fund.

BlackRock's ETHA was able to offset some of the outflows with an inflow of $12.9 million observed on the day. The remaining ETFs remained flat on the day.

Ethereum (Ethereum) was down 1.9% at $3,175 at writing.