The ETF data for January 17th has been released. The US Bitcoin spot ETF experienced a net outflow of $394.7 million yesterday, indicating a quite clear signal of capital withdrawal.



Specifically: BlackRock's IBIT attracted $15.1 million against the trend, but Fidelity's FBTC saw the steepest decline — a net outflow of $205.2 million. Bitwise's BITB and ARK's ARKB respectively saw outflows of $90.4 million and $69.4 million, and Grayscale's GBTC was not spared, with an outflow of $44.8 million.

In contrast, the Ethereum spot ETF performed much more mildly. Yesterday, it saw a net inflow of $4.7 million, suggesting some investors are still steadily increasing their positions. Among them, BlackRock's ETHA performed notably well, with an inflow of $14.9 million, while Grayscale's ETHE saw a slight outflow of $10.2 million.

This data reflects the ongoing difference in investor attitudes toward Bitcoin and Ethereum. On one side, Bitcoin ETFs are bleeding continuously, while on the other, Ethereum ETFs are holding steady. In the short-term capital game, the ultimate outcome still depends on the fundamentals and market sentiment.
BTC2,2%
ETH2,11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
HappyMinerUnclevip
· 01-19 12:47
What's going on with Fidelity this time? A net outflow of 200 million. Is it a lack of confidence in the target?
View OriginalReply0
TokenomicsPolicevip
· 01-19 11:05
Fidelity FBTC is experiencing such a fierce outflow, it seems like institutions are a bit panicked. ETH, on the other hand, is still attracting funds. Why is the difference so big? BlackRock doesn't let even small amounts go when it comes to Bitcoin; they still have some tricks up their sleeve.
View OriginalReply0
NoStopLossNutvip
· 01-19 08:55
Fidelity's recent bleeding is really intense; it's only been a few days and it's already bleeding. The brothers who quietly increased their holdings in Ethereum are holding up pretty well. Bitcoin is indeed under some pressure this time, but don't rush to run away.
View OriginalReply0
LightningWalletvip
· 01-19 04:42
Fidelity is really running fast this time, do they know something? --- BTC is bleeding again, but Ethereum is actually holding steady. This feels a bit interesting. --- BlackRock IBIT is still accumulating, indicating that big funds haven't panicked yet. --- Wait, are all the current runners retail investors? Institutions are still lurking. --- Ethereum's performance this round is truly excellent, feels like we've bet right.
View OriginalReply0
SandwichVictimvip
· 01-17 06:50
Fidelity's recent outflow is quite intense, with over 200 million directly withdrawn.
View OriginalReply0
Deconstructionistvip
· 01-17 06:48
What is Fidelity doing? A net outflow of over 200 million is outrageous.
View OriginalReply0
StableBoivip
· 01-17 06:45
Fidelity's move this time is too fast, it's scary.
View OriginalReply0
MetaverseLandladyvip
· 01-17 06:44
Fidelity's recent bloodshed is really intense. Is the bottom-fishing crowd starting to withdraw? Anyway, I haven't seen a reason to buy Bitcoin yet.
View OriginalReply0
BearMarketHustlervip
· 01-17 06:37
Fidelity has really pulled out, flowing out over 200 million in one go... --- IBIT is still holding on, others have already run away --- Ethereum has actually stabilized this time? That's interesting --- The capital game is starting again, this routine is the same every time --- It seems that institutions still don't have much confidence in Bitcoin in the short term --- Wait, why is BlackRock still increasing its holdings? Are they about to be proven wrong again? --- Grayscale is also bleeding... now there's really no hard strength left --- Short-term sentiment is down, but long-term still depends on fundamentals
View OriginalReply0
View More
  • Pin