Latest data shows that the ETF market on January 16th, Eastern Time, exhibits a divergent pattern.
The performance of Bitcoin spot ETFs has been lackluster, with total net outflows reaching $395 million. Only BlackRock's IBIT product experienced net inflows, reflecting cautious sentiment among institutions regarding the current price levels.
In contrast, Ethereum spot ETFs continue to perform strongly, with a net inflow of $4.6445 million yesterday, maintaining a net inflow for five consecutive days, indicating sustained institutional enthusiasm for increasing ETH holdings.
XRP spot ETFs also recorded a net inflow of $1.12 million, demonstrating relatively stable performance. Solana spot ETFs faced slight pressure, with net outflows of $2.22 million.
Overall, the fund performance across different cryptocurrencies varies significantly, with institutional sentiment on Bitcoin remaining cautious while continued allocation to Ethereum persists.
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TokenSleuth
· 4h ago
Institutions are really playing us, dumping BTC and aggressively buying ETH. The difference is just too obvious.
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quiet_lurker
· 4h ago
Institutions are really timid when it comes to Bitcoin, but their enthusiasm for Ethereum continues to stay high. This difference is quite interesting.
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ImpermanentPhobia
· 4h ago
Bitcoin is once again escaping in the bottom-fishing signal, institutions are really scared... On the other hand, ETH is extremely hot, this feeling is a bit familiar.
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DegenTherapist
· 5h ago
Institutions are all bottom-fishing ETH, still think BTC is expensive at this price? Laughing to death
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Is ibit carrying the entire market alone? Other BTC funds have already exited
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Five consecutive days of green for ETH, who can withstand this rhythm...
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It's good if XRP can stay stable, why is SOL bleeding again
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Really, it seems institutions are not so optimistic about BTC either
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Wait... what does this imply, is ETH about to surpass BTC?
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Only BlackRock dares to take the risk, not bad
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Such severe capital divergence, I can't understand the institutions' thinking
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Five days of net inflow, ETH's recent performance is a bit impressive
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GasFeeCrybaby
· 5h ago
BTC is really being ignored by institutions, no wonder my bag feels so uncomfortable... ETH, on the other hand, is steadily sucking in, even with a 5-day net inflow, right? This is what you call the Matthew effect.
Latest data shows that the ETF market on January 16th, Eastern Time, exhibits a divergent pattern.
The performance of Bitcoin spot ETFs has been lackluster, with total net outflows reaching $395 million. Only BlackRock's IBIT product experienced net inflows, reflecting cautious sentiment among institutions regarding the current price levels.
In contrast, Ethereum spot ETFs continue to perform strongly, with a net inflow of $4.6445 million yesterday, maintaining a net inflow for five consecutive days, indicating sustained institutional enthusiasm for increasing ETH holdings.
XRP spot ETFs also recorded a net inflow of $1.12 million, demonstrating relatively stable performance. Solana spot ETFs faced slight pressure, with net outflows of $2.22 million.
Overall, the fund performance across different cryptocurrencies varies significantly, with institutional sentiment on Bitcoin remaining cautious while continued allocation to Ethereum persists.