#Bitcoin and Ethereum ETF outflows#
Hot Topic Overview
Overview
Recently, there has been capital outflow from Bitcoin and Ethereum ETFs. On January 15th, Bitcoin ETFs experienced a net outflow of 3,062 BTC, equivalent to $302.76 million. Among them, BlackRock saw an outflow of 2,274 BTC, with current holdings reaching 553,993 BTC, totaling approximately $54.78 billion. Ethereum ETFs saw a net outflow of 16,114 ETH, equivalent to $53.01 million. Among them, Grayscale saw an outflow of 12,250 ETH, with current holdings reaching 458,626 ETH, totaling approximately $1.51 billion. Despite the recovery of Bitcoin and Ethereum in the spot market, crypto investment products remain subdued.
Ace Hot Topic Analysis
Analysis
Latest data shows that Bitcoin and Ethereum ETFs are experiencing outflows. On January 15, 10 Bitcoin ETFs saw a net outflow of 3,062 BTC, or approximately $302.76 million, with BlackRock accounting for 2,274 BTC outflows, currently holding 553,993 BTC, with a total value of about $54.78 billion. 9 Ethereum ETFs saw a net outflow of 16,114 ETH, or about $53.01 million, with Grayscale accounting for 12,250 ETH outflows, currently holding 458,626 ETH, with a total value of about $1.51 billion. Despite Bitcoin and most of the market seeing a recovery in the spot market on January 14, crypto investment products remain sluggish. US BTC spot exchanges have experienced losses for four consecutive days, losing $209.82 million, while US ETH exchange-traded funds saw a small inflow of 1.1 million shares. On the European side, Bitcoin products attracted over 51 million people, while Ether products attracted 8.68 million. Other token ETPs, such as XRP and SOL products, totaled 17.5 million.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin and Ethereum ETF saw outflows, indicating investor caution in the crypto market.
Large institutional investors such as BlackRock and Grayscale reduced their holdings in Bitcoin and Ethereum ETFs, potentially reflecting a shift in market sentiment.
Despite a recovery in the spot market, crypto investment products remain sluggish, suggesting investors' lack of confidence in cryptocurrencies.
European markets continue to show strong interest in Bitcoin and Ethereum ETFs, while the US market experienced outflows.