The Bitcoin Spot ETFs continue to witness a volatile start to 2026, with back-to-back weeks showing sharply contrasting performance. After netting a staggering $1.42 billion in weekly netflows on January 16, market momentum soon swung the opposite way in line with a Bitcoin decline, forcing a net outflow of $1.33 billion over the last week. A similar phenomenon was seen in the first two weeks of the year, after an initial net deposit of $458.77 million by January 2 was followed by a net outflow of $681.01 million by January 9. This investor behavior suggests a highly reactive market with little long-term confidence.

No Positive Performance In Bitcoin Spot ETF Market Onslaught

In analyzing the most recent wave of withdrawals in the Bitcoin Spot ETF market, data from SoSoValue shows that the fourth trading week of January recorded no single day with a positive netflow. The heaviest outflows totaled $708.71 million on January 21, followed by the smallest daily outflow of $32.11 million on January 22.

Looking at individual funds, BlackRock’s IBIT, the market leader, suffered the largest net outflows valued at $537.49 million. As usual, Fidelity’s FBTC ranks a close second with redemptions surpassing deposits by $451.50 million. Other Bitcoin Spot ETFs with heavy net outflows also included Grayscale’s GBTC, Bitwise’s BITB, and Ark Invest’s ARKB, which suffered losses estimated at $172.09 million, $66.25 million, and $76.19 million, respectively. 

Meanwhile, VanEck’s HODL, Valkyrie’s BRRR, and Franklin Templeton’s EZBC also experienced net outflows between $6 million and $11 million. Notably, Grayscale’s BTC, Invesco’s BTCO, WisdomTree’s BTCW, and Hashdex’s DEFI recorded the least activity with zero netflows. At press time, total net assets for the Bitcoin Spot ETFs stand at $115.88 billion, with BlackRock’s IBIT accounting for over 54% of these holdings, as the undisputed market leader. Meanwhile, total cumulative net inflow is presently valued at $56.49 billion.

Related Reading: Monero, Zcash, And Dash Prohibited In India Amid Money-Laundering Crackdown

Ethereum Spot ETFs Register $611M Outflows In Market Bloodbath

According to more data from SoSoValue, the Ethereum Spot ETFs also witnessed massive levels of redemptions in the last trading week, resulting in a net outflow of $611.17 million. Similar to its Bitcoin counterpart, the BlackRock ETHA also produced the largest net withdrawals valued at $431.50 million. Presently, the total net assets for the Ethereum Spot ETFs are valued at $17.70 billion, representing 4.99% of Ethereum’s market cap. Meanwhile, the cumulative total net inflow is valued at $12.30 billion.

Bitcoin Magazine

Delaware Life Launches First Fixed Index Annuity That Offers Bitcoin Exposure

Delaware Life Insurance Company has become the first U.S. insurance carrier to offer a fixed index annuity (FIA) linked to a cryptocurrency-focused index, the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index. 

The move allows retirement investors to gain indirect exposure to Bitcoin while retaining principal protection, a hallmark of traditional annuity products.

The newly launched index blends 74% exposure to the iShares Core S&P 500 ETF with 25% exposure to the iShares Bitcoin Trust ETF (IBIT) and a 1% cash allocation. It is designed with a 12% target volatility, using dynamic cash adjustments to moderate BTC’s price swings.

“This launch builds around the tremendous success and client demand we have seen for IBIT, enabling insurance clients to now add Bitcoin exposure as part of a broader indexed annuity strategy,” said Robert Mitchnick, Global Head of Digital Assets at BlackRock.

“The BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index offers a measured approach, allowing policyholders to participate in digital assets while maintaining the downside protection they expect from annuity products.”

Delaware Life’s CEO of Marketing, Colin Lake, touched on the company’s focus on innovation. 

“We’re proud to partner with BlackRock as the first insurance carrier to offer cryptocurrency exposure through a fixed index annuity,” Lake said. “As the retirement-planning landscape evolves, we’re continuously and thoughtfully innovating to meet the needs of financial professionals and their clients. Our fixed index annuities deliver what today’s investors want and need: opportunity for growth with protection.”

Bitcoin’s high returns balanced with equity growth

The index’s mixed allocation is designed to balance traditional equity growth with BTC’s high return potential, all while managing volatility.

As of December 31, 2024, the index delivered a six-month return of 1.88%, though BTC’s recent three-month decline contributed to a 3.16% drop over that period.

The BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index is available on three Delaware Life FIA products: Momentum Growth, Momentum Growth Plus, and DualTrack Income, giving clients multiple avenues to integrate BTC exposure into retirement portfolios.

The inclusion of IBIT, the largest and most liquid Bitcoin exchange-traded product, provides professional management without requiring direct cryptocurrency ownership.

This is the first time a life insurance company has allowed policy holders to select a product which includes Bitcoin.

The price of BTC today is $87,774, down 2% in the last 24 hours, with a 24-hour trading volume of $64 billion.

This post Delaware Life Launches First Fixed Index Annuity That Offers Bitcoin Exposure first appeared on Bitcoin Magazine and is written by Micah Zimmerman.