#IBIT net outflow of $124 million#
Hot Topic Overview
Overview
Recently, the capital outflow situation of spot Bitcoin ETFs and spot Ethereum ETFs in the United States is not optimistic. According to Jinse Finance, yesterday (January 8), ARKB had a net outflow of $148.3 million, BITB had a net outflow of $11.3 million, EZBC had a net outflow of $8.2 million, and GBTC had a net outflow of $8.9 million. On the spot Ethereum ETF side, ETHE had a net outflow of $8.3 million, and ETH had a net outflow of $3.4 million. In addition, IBIT had a net outflow of $124.28 million (1,319 BTC) yesterday. This indicates that investors are cautious about the cryptocurrency market recently, and the trend of capital outflow is obvious.
Ace Hot Topic Analysis
Analysis
Recent outflows from spot Bitcoin and Ethereum ETFs in the US are not optimistic. According to Farside Investors monitoring data, on January 8th, ARKB saw a net outflow of $148.3 million, BITB saw a net outflow of $11.3 million, EZBC saw a net outflow of $8.2 million, and GBTC saw a net outflow of $8.9 million. For spot Ethereum ETFs, ETHE saw a net outflow of $8.3 million, and ETH saw a net outflow of $3.4 million. Additionally, according to Trader T monitoring, IBIT saw a net outflow of $124.28 million (1,319 BTC) yesterday. This indicates that investors are cautious about the short-term outlook for Bitcoin and Ethereum, which may be related to recent volatility in the cryptocurrency market and expectations of Fed rate hikes.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
IBIT net outflow indicates investors' lack of short-term confidence in Bitcoin.
ARKB and other Bitcoin ETFs also saw net outflows, showing that the overall market sentiment towards Bitcoin is cautious.
The large scale of IBIT net outflow may be related to recent Bitcoin price fluctuations.
Investors may be shifting funds to other assets, such as Ethereum or other cryptocurrencies.