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.
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TokenomicsTrapper
· 8h ago
blackrock really said "we're taking the bitcoin flows" lol... ibit mooning while everyone else bleeds. textbook exit pump pattern if u ask me
Reply0
Anon32942
· 8h ago
IBIT stands out, Blackstone's move is really clever. BTC continues to bleed but still attracts funds, which is quite outrageous.
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UnluckyLemur
· 8h ago
IBIT stands out alone, BlackRock really has some skills
ETH has had net inflows for five consecutive days, institutions are voting
SOL what's going on, the popularity has indeed declined
Bitcoin faces significant pressure this round, retail investors are about to cut losses
Ethereum's pace feels like the real long-term optimism
XRP remains lukewarm, just as expected
Funds are choosing sides, the divergence is becoming more obvious
Institutions favor ETH, what does that mean? You decide
View OriginalReply0
FlashLoanLarry
· 8h ago
IBIT stands out alone, BlackRock is truly outstanding, and all other Bitcoin ETFs have been wiped out.
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.