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On January 16th, Eastern Time, the cryptocurrency spot ETF market experienced a divergence. The Bitcoin camp was generally under pressure, with a total net outflow of $395 million yesterday. The only exception was the IBIT under BlackRock, which achieved an opposite net inflow, attracting attention with its standout performance.
Ethereum spot ETFs continued to maintain a strong momentum. Yesterday, they saw a net inflow of $4.6445 million, marking the fifth consecutive day of net inflows, indicating that institutional investors remain relatively optimistic about Ethereum's long-term prospects.
XRP spot ETFs saw a slight inflow, with a net inflow of $1.12 million yesterday. In contrast, Solana spot ETFs experienced a less favorable situation, with a net outflow of $2.22 million, indicating a cooling of investor enthusiasm for its future prospects. Overall, the capital flow differences among various cryptocurrencies are quite apparent, reflecting a divergence in market perceptions of their fundamentals.