#密码资产动态追踪 The spot Bitcoin ETF has been a "roller coaster" over the past three days.
In the market trend on the early morning of January 9 Beijing time, Bitcoin spot ETF experienced nearly $400 million in net outflows in a single day, marking the third consecutive day of fund outflows—according to on-chain data, the total fund outflow for the day reached $399 million, indicating that the enthusiasm is indeed waning.
Interestingly, amidst this wave of fund withdrawals, some contrarian products have emerged: Bitwise's BITB has strong capital attraction, with a single-day inflow of about $2.96 million, and a total of $2.164 billion attracted so far, showing clear resilience; WisdomTree's BTCW follows closely, with a single-day inflow of $1.92 million, and a total cumulative inflow exceeding $46.74 million.
In comparison, leading market products are under more pressure. BlackRock's IBIT experienced a net outflow of $193 million yesterday, ranking lowest in daily performance. But even so, with a total net inflow of $62.658 billion historically, IBIT still holds the top position among Bitcoin spot ETFs—essentially, the big institutions have a solid foundation.
From the overall market perspective, the total assets of Bitcoin spot ETFs remain around $117.655 billion, accounting for 6.48% of the total Bitcoin market capitalization. The total cumulative net inflow has reached $56.653 billion, indicating that ETFs still hold a very stable position in institutional allocations.
Three days of consecutive net outflows—are these short-term profit-taking or is a long-term trend changing? Where will subsequent funds flow back into? Share your judgment and observations in the comments!
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SchrodingerWallet
· 01-09 07:11
Black swan is knocking again, IBIT's recent outflow is a bit heartbreaking
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No, BITB's counter-trend capital inflow looks like bottom-fishing or does it really have strong resilience?
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The big institutions have a solid foundation, that's true, but retail investors are being cut one wave after another, we still need to see how it develops later
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Three consecutive days of net outflow, are the big players cashing out? Seems like there are some warning signals with this ETF move
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Although IBIT has a outflow of 193 million, it still remains the leader. This pattern is really hard to shake
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Profit-taking or trend reversal, that's a good question. I also want to know how the smart money is judging this
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ProxyCollector
· 01-09 06:10
Although IBIT was hit hard, the overall pattern remains intact. This is the advantage of large institutions.
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Bitwise has really taken action with this bottom-fishing move. Small and beautiful strategies are becoming more popular.
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Three consecutive days of net outflows? I see this as a shakeout, expecting a big move.
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The total scale is still 117.6 billion, and the ecosystem is still alive; it’s not about to collapse.
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Blackstone’s big boss outflow of 193 million can still sit comfortably at number one. I believe in that.
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Small products are attracting funds against the trend, indicating that money is choosing, not really fleeing.
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Is profit-taking a sign of trend reversal? I bet on the former; prices will rise again.
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Funds are optimizing allocation. Those who resist declines will eat the gains. BITB is playing smart in this wave.
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PebbleHander
· 01-09 06:10
Large funds are shaking out, I've seen this rhythm too many times before.
Wait, are BITB and BTCW bleeding? That's interesting.
Although IBIT is experiencing outflows, it has a solid foundation. BlackRock is indeed a different level of player.
Three consecutive days of net outflows. Should we buy the dip or continue to watch?
I think this is institutions adjusting their positions. Let's see who can catch this wave.
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BitcoinDaddy
· 01-09 05:56
BlackRock's recent losses are quite heavy this time, but being able to stay firmly in first place is truly impressive.
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SatoshiChallenger
· 01-09 05:43
What do the data show? Four hundred million dollars flowed out and you're already saying the trend has changed after just three days? I saw this kind of drama in 2021.
I'm not trying to argue, but with ETF holdings only at 6.48%, do you really think it can represent the market direction? Wake up, everyone.
Ironically, small products are attracting capital against the trend, which is a signal that the market is selecting winners.
Even a giant like IBIT can't be knocked out by a fall, but those who say "this time is different" should be cautious.
Institutions have a strong foundation, but if it really drops below a certain point, can you still say it's stable?
In my opinion, waiting a couple of weeks for more data is more meaningful than reacting to these short-term fluctuations.
#密码资产动态追踪 The spot Bitcoin ETF has been a "roller coaster" over the past three days.
In the market trend on the early morning of January 9 Beijing time, Bitcoin spot ETF experienced nearly $400 million in net outflows in a single day, marking the third consecutive day of fund outflows—according to on-chain data, the total fund outflow for the day reached $399 million, indicating that the enthusiasm is indeed waning.
Interestingly, amidst this wave of fund withdrawals, some contrarian products have emerged: Bitwise's BITB has strong capital attraction, with a single-day inflow of about $2.96 million, and a total of $2.164 billion attracted so far, showing clear resilience; WisdomTree's BTCW follows closely, with a single-day inflow of $1.92 million, and a total cumulative inflow exceeding $46.74 million.
In comparison, leading market products are under more pressure. BlackRock's IBIT experienced a net outflow of $193 million yesterday, ranking lowest in daily performance. But even so, with a total net inflow of $62.658 billion historically, IBIT still holds the top position among Bitcoin spot ETFs—essentially, the big institutions have a solid foundation.
From the overall market perspective, the total assets of Bitcoin spot ETFs remain around $117.655 billion, accounting for 6.48% of the total Bitcoin market capitalization. The total cumulative net inflow has reached $56.653 billion, indicating that ETFs still hold a very stable position in institutional allocations.
Three days of consecutive net outflows—are these short-term profit-taking or is a long-term trend changing? Where will subsequent funds flow back into? Share your judgment and observations in the comments!