Contrasting Realities! US Bitcoin ETF Withdraws $394.7 Million in a Single Day, While Ethereum ETF Attracts Funds Against the Market Trend
On January 17, Farside investors monitoring data was released, pouring a "hot and cold" shower on the crypto market: the US spot Bitcoin ETF experienced a net outflow of $394.7 million in a single day, while during the same period, the Ethereum spot ETF saw a contrary net inflow of $4.7 million, showing a clear trend of fund redistribution. Looking at specific products, apart from BlackRock's IBIT which slightly attracted $15.1 million, the rest of the products collectively lost funds: Fidelity's FBTC sold off $205.2 million in a single day, Bitwise's BITB and ARK's ARKB respectively saw outflows of $90.4 million and $69.4 million, and even Grayscale's GBTC was drained of $44.8 million, indicating a very noticeable capital flight. On the other side, Ethereum ETFs are showing an independent trend: BlackRock's ETHA attracted $14.9 million, with only Grayscale's ETHE experiencing an outflow of $10.2 million, maintaining an overall net inflow. This divergence of "Bitcoin losing blood, Ethereum regaining" has led the market to speculate whether funds are rotating between sectors or if there are differing views on the future market direction. As crypto ETF capital flows become a market barometer, this reverse movement undoubtedly adds more variables to the subsequent market trend. #GUSD双重收益 $BTC $ETH
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Contrasting Realities! US Bitcoin ETF Withdraws $394.7 Million in a Single Day, While Ethereum ETF Attracts Funds Against the Market Trend
On January 17, Farside investors monitoring data was released, pouring a "hot and cold" shower on the crypto market: the US spot Bitcoin ETF experienced a net outflow of $394.7 million in a single day, while during the same period, the Ethereum spot ETF saw a contrary net inflow of $4.7 million, showing a clear trend of fund redistribution.
Looking at specific products, apart from BlackRock's IBIT which slightly attracted $15.1 million, the rest of the products collectively lost funds: Fidelity's FBTC sold off $205.2 million in a single day, Bitwise's BITB and ARK's ARKB respectively saw outflows of $90.4 million and $69.4 million, and even Grayscale's GBTC was drained of $44.8 million, indicating a very noticeable capital flight.
On the other side, Ethereum ETFs are showing an independent trend: BlackRock's ETHA attracted $14.9 million, with only Grayscale's ETHE experiencing an outflow of $10.2 million, maintaining an overall net inflow. This divergence of "Bitcoin losing blood, Ethereum regaining" has led the market to speculate whether funds are rotating between sectors or if there are differing views on the future market direction.
As crypto ETF capital flows become a market barometer, this reverse movement undoubtedly adds more variables to the subsequent market trend. #GUSD双重收益 $BTC $ETH