#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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OPsychology
· 01-12 04:42
Three consecutive days of net outflow, it feels like someone is dumping to harvest the retail investors.
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IBIT is still the king; a market cap of 62.6 billion can't shake it.
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This wave of flow into BITB and BTCW, is the smart money running?
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Basically, institutions are rebalancing their portfolios, retail investors are still buying in.
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Profit-taking is normal, no need to panic too much.
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The 6.48% share is just the beginning; there’s still room to grow.
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IBIT has an outflow of 193 million but remains the first, showing the power of support.
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I don’t think this is a trend reversal, just a correction.
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Small ETFs are competing for market share, while big players are digesting their positions.
View OriginalReply0
BoredWatcher
· 01-12 02:21
Head siphoning, niche counterattack, this routine is so cliché
IBIT bleeding still so steady, truly unbelievable
Looking for a new master to attract capital back?
Short-term retracement or trend reversal, depends on who’s bottom-fishing aggressively
BITB’s move this time has some real skill
Big institutions are like this, they can afford to lose
Is the outflow at around six o'clock really worth worrying about?
Feels like just institutions shaking out their positions again
Waiting to see if new funds will enter later
View OriginalReply0
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
View OriginalReply0
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.
View OriginalReply0
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.
View OriginalReply0
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.
View OriginalReply0
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!