Odaily Planet Daily reports that, according to zerohedge citing Bloomberg terminal data, Jane Street increased its holdings by a record 20.6 million shares of iShares Silver ETF SLV in the fourth quarter and is now the largest holder of this ETF. zerohedge states that investors should be aware that the fluctuations in silver prices may involve financial engineering and market manipulation.

Despite the sharp decline in silver prices, retail investors have invested nearly $500 million in the silver market over the past week, mainly in the largest silver ETF SLV. Analysts say that the massive sell-off has attracted investors, with many viewing it as a low-price buying opportunity.

Bloomberg analyst Eric Balchunas pointed out that the silver ETF SLV has recently performed exaggeratedly, but the capital inflow is only $1 billion. In contrast, Bitcoin spot ETF IBIT attracted $6 billion in capital inflows even after a price pullback, indicating a strong long-term outlook. Truly star ETFs should be able to continue attracting funds even during downturns.

PANews December 31 News, UBS stated that the world's largest silver ETF, iShares Silver Trust (SLV), is one of the main factors driving ETF trading volume growth. Over the past four days, SLV's trading volume hit new highs for the year on three days. The Chicago Mercantile Exchange (CME) raising margin requirements triggered retail investors' excessive participation in SLV. There was a large outflow of funds on Monday, and on Tuesday, the fund flow stabilized.