On January 16th, Eastern Time, the capital flow in the spot ETF market showed an interesting divergence. The Bitcoin spot ETF faced considerable pressure, with a total of $395 million in net outflows across the sector, but Blackstone's IBIT product held firm, recording a net inflow, which is a bright spot.
In contrast, the Ethereum spot ETF continued its fifth consecutive day of attracting capital, with a single-day net inflow of $4.64 million yesterday, demonstrating stable performance. The XRP spot ETF also shared the gains, recording a net inflow of $1.12 million. Solana's spot ETF was a bit cooler, with a net outflow of $2.22 million on that day, forming a clear contrast with Ethereum.
From the perspective of capital flow, market attitudes towards different chains vary significantly, and institutional choices between large assets and small tokens are also undergoing rebalancing.
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BearEatsAll
· 8h ago
BTC is bleeding again, but Blackstone is holding on... Institutions are really optimistic about ETH this time, entering the market for five consecutive days. The pace is quite aggressive.
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MemeEchoer
· 8h ago
Blackstone's move is really impressive. Even when BTC is overall flowing out, it managed to hold strong. Institutions still have sharp instincts... ETH has had five consecutive days of net inflow, which is quite strong. No wonder the recent rally has been good.
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CrossChainBreather
· 8h ago
Blackstone's move is truly brilliant; even as the BTC market crashes, IBIT can still hold its ground. This is the mark of institutional players.
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tx_pending_forever
· 8h ago
BTC has dropped out of the red again, luckily Blackstone is holding it up, otherwise it would look even worse. On the other hand, ETH has been attracting funds these days, which is really outrageous. Why has SOL been sidelined and ignored?
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NullWhisperer
· 8h ago
ibit holding strong while btc bleeds out... technically speaking, that's an interesting edge case. blackrock's got the fortress, everyone else's got the leaky bucket situation going on.
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PretendingSerious
· 8h ago
BTC is dropping so sharply, yet Blackstone is still buying. Truly amazing—this must be the institutional intuition.
On January 16th, Eastern Time, the capital flow in the spot ETF market showed an interesting divergence. The Bitcoin spot ETF faced considerable pressure, with a total of $395 million in net outflows across the sector, but Blackstone's IBIT product held firm, recording a net inflow, which is a bright spot.
In contrast, the Ethereum spot ETF continued its fifth consecutive day of attracting capital, with a single-day net inflow of $4.64 million yesterday, demonstrating stable performance. The XRP spot ETF also shared the gains, recording a net inflow of $1.12 million. Solana's spot ETF was a bit cooler, with a net outflow of $2.22 million on that day, forming a clear contrast with Ethereum.
From the perspective of capital flow, market attitudes towards different chains vary significantly, and institutional choices between large assets and small tokens are also undergoing rebalancing.