Noticed an interesting data point: Bitcoin spot ETFs experienced significant capital fluctuations on January 16th, US Eastern Time.



In a single day, the entire market saw a net outflow of $395 million, which is quite substantial. But what's interesting is the uneven flow—BlackRock's IBIT attracted capital against the trend, with a single-day net inflow of $15.0937 million. The total net inflow for this product has already reached $63.441 billion, making it the largest player in the market and clearly more attractive.

In contrast, Fidelity's FBTC saw a single-day net outflow of $205 million yesterday, directly causing a market-wide outflow. Although FBTC's total historical net inflow still stands at $11.916 billion, this single-day outflow reflects a shift in market preferences among different products.

Overall, the total net asset value of Bitcoin spot ETFs is $124.563 billion, accounting for 6.53% of Bitcoin's total market capitalization. This ratio continues to rise, with cumulative net inflows surpassing $57.822 billion, indicating that this type of product has become a mainstream tool for institutional Bitcoin allocation.
BTC-0,26%
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SeeYouInFourYearsvip
· 3h ago
Blackstone is winning again, and Fidelity is a bit impatient this time... With a 6.53% ratio, it seems that institutional allocation to Bitcoin really can't turn back anymore.
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SquidTeachervip
· 3h ago
BlackRock is at it again, IBIT really has some skills in attracting funds... Fidelity's recent outflow is truly painful, it feels like the market is selecting sectors.
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RugDocScientistvip
· 3h ago
BlackRock is slowly eating away at the market, and Fidelity has been hit pretty hard.
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TokenomicsTrappervip
· 3h ago
ibit eating fidelity's lunch while the broader market bleeds... classic. actually if you read the fund flows, this is just capital rotation theater. blackrock always wins, that's the script.
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ThreeHornBlastsvip
· 4h ago
BlackRock's move is really clever; while the market is bleeding, IBIT is still attracting funds. This is the confidence of big capital. Fidelity's FBTC was directly crushed in this wave.
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