On January 8th, Eastern Time, the cryptocurrency spot ETF market experienced a clear divergence in funds. Data shows that Bitcoin spot ETF saw a net outflow of $399 million in a single day, while Ethereum experienced an outflow of $159 million, putting significant pressure on the two leading assets.
Interestingly, Solana and XRP defied the trend by attracting funds—Solana spot ETF had a net inflow of $13.64 million, and XRP saw an inflow of $8.72 million. This divergence is closely related to the weaker-than-expected US non-farm payroll data. The market seems to be adjusting expectations, with large capital shifting from traditional blue-chip coins to seek new growth opportunities.
In the short term, fluctuations in macro data will continue to influence the pace of capital allocation. While investors await further signals from the Federal Reserve's policies, they are also exploring potential opportunities in smaller coins.
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OnChainSleuth
· 01-10 06:50
Large funds on the run? BTC and ETH both breaking blood channels, while SOL and XRP are secretly celebrating
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This wave of capital differentiation is outrageous; as soon as non-farm payroll data hits, the tone changes
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Wait, are they starting to dig into small coins again? Haven't the bloody lessons from before been enough?
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Bitcoin outflows near 400 million, feels like the story is about to start again
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Only 8.72 million USD into XRP? That amount doesn't say much; the real whales are still watching
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The Federal Reserve hasn't given any signals but is starting to allocate randomly, a typical sign of lack of confidence
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SOL attracting so little capital indicates the market also doesn't trust small coin rebounds
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Funds are shifting from big coins to small coins for risk hedging; this logic is reversed, it's usually not done this way
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TokenVelocity
· 01-10 06:28
Large funds exit, small coins get snatched up, this routine is always the same haha
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BTC ETF once again hits a bloodbath, feeling like it's time to buy the dip? Or wait for signals from the Federal Reserve...
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Is sol and xrp attracting money? I feel like it's just retail investors taking the bait
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When the non-farm payroll data drops, funds start to scramble—kind of interesting
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Really? At this point, are people still daring to shift from blue chips to small coins? I wouldn't dare
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Wait, $399 million net outflow of Bitcoin—how many people must be selling off simultaneously?
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Is XRP's recent rise due to policy favorable news or pure hype? Can someone explain?
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Macroeconomic data influences the crypto market. I believe in this logic, just not sure when the bottom will be reached
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Picking up small coins at a discount is fine, but don’t forget the risks, everyone
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CodeZeroBasis
· 01-10 06:26
They're starting to harvest again, BTC and ETH are flowing out, small coins are attracting funds, this trick is the same old routine.
On January 8th, Eastern Time, the cryptocurrency spot ETF market experienced a clear divergence in funds. Data shows that Bitcoin spot ETF saw a net outflow of $399 million in a single day, while Ethereum experienced an outflow of $159 million, putting significant pressure on the two leading assets.
Interestingly, Solana and XRP defied the trend by attracting funds—Solana spot ETF had a net inflow of $13.64 million, and XRP saw an inflow of $8.72 million. This divergence is closely related to the weaker-than-expected US non-farm payroll data. The market seems to be adjusting expectations, with large capital shifting from traditional blue-chip coins to seek new growth opportunities.
In the short term, fluctuations in macro data will continue to influence the pace of capital allocation. While investors await further signals from the Federal Reserve's policies, they are also exploring potential opportunities in smaller coins.