Bitcoin and Ethereum ETFs experienced significant redemptions during January 6-9, with a combined outflow of $750M. Bitcoin funds led the decline, pulling out $681M over the period. BlackRock's IBIT took a notable hit, seeing $252M exit on January 9 alone.
Meanwhile, altcoins showed mixed momentum. XRP ETFs defied the trend with $38.1M inflows and hit a record trading volume of $219M. Solana ETFs also attracted capital, gaining $41.1M.
Currently, Bitcoin ETF products hold approximately $117B in total assets. The divergence between BTC outflows and altcoin inflows signals shifting investor sentiment as market dynamics evolve.
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BearMarketSurvivor
· 10h ago
The supply line of 7.5 billion dollars has been cut off, and this is the brutality of the battlefield. The big fish are escaping, retail investors are taking the hit, an eternal story.
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DEXRobinHood
· 12h ago
The big players are starting to run, this wave of IBIT lost 252M in value haha
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ProposalDetective
· 01-11 17:58
Large funds are fleeing, but small cryptocurrencies are quietly rising? This wave of momentum is interesting.
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RugDocDetective
· 01-11 17:57
Hmm... BTC withdrawals are so fierce, yet XRP is crazily absorbing funds? Isn't this a typical capital rotation? Interesting.
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FantasyGuardian
· 01-11 17:41
Bitcoin is bleeding, small coins are rebounding. This move is quite interesting.
Bitcoin and Ethereum ETFs experienced significant redemptions during January 6-9, with a combined outflow of $750M. Bitcoin funds led the decline, pulling out $681M over the period. BlackRock's IBIT took a notable hit, seeing $252M exit on January 9 alone.
Meanwhile, altcoins showed mixed momentum. XRP ETFs defied the trend with $38.1M inflows and hit a record trading volume of $219M. Solana ETFs also attracted capital, gaining $41.1M.
Currently, Bitcoin ETF products hold approximately $117B in total assets. The divergence between BTC outflows and altcoin inflows signals shifting investor sentiment as market dynamics evolve.