【BlockBeats】Yesterday, the US spot ETF market showed a divergence trend. Bitcoin spot ETFs continued to experience net outflows, totaling $32.2 million, with BlackRock’s IBIT product outflowing $22.4 million, accounting for over 70%. Ethereum spot ETFs faced more pronounced selling pressure, with a single-day net outflow of $42 million, and ETHA products outflowing $44.4 million, indicating that institutional investors are cautious about the two major mainstream cryptocurrencies. In contrast, Solana spot ETFs performed relatively better, recording a slight net inflow of $1.7 million yesterday, suggesting that some funds are still seeking alternative directions. In terms of flow, large-scale capital allocation between mainstream coins and emerging public chains is undergoing adjustments.
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ApyWhisperer
· 7h ago
Institutions are dumping again. BlackRock's move is really aggressive... ETH is being hammered so fiercely, it feels like someone is panic selling?
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CascadingDipBuyer
· 8h ago
The institutional players are fleeing, now it's the retail investors' turn to take the fall.
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GasFeeTherapist
· 8h ago
Institutions are starting to ditch mainstream coins again. Is this for real this time? Or is it just the usual pattern of running first and then buying the dip...
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StakeHouseDirector
· 8h ago
Institutions are no longer optimistic about mainstream coins and are starting to offload... SOL might still survive this wave, it seems I need to change my strategy for allocation.
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MEVSandwichMaker
· 8h ago
Institutions are offloading, is this a signal for retail investors to get on board? Something feels off.
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GasFeeSobber
· 8h ago
Damn, they're dumping the market again. Are the institutions planning to exit completely?
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LiquidationWatcher
· 8h ago
The institutional guys are starting to run again, and mainstream coins are suffering, with ETH taking the hardest hit. However, there's small-scale entry into SOL, indicating that smart money is still looking for the next hot spot.
US spot ETF saw significant net outflows yesterday, with Bitcoin and Ethereum both under pressure
【BlockBeats】Yesterday, the US spot ETF market showed a divergence trend. Bitcoin spot ETFs continued to experience net outflows, totaling $32.2 million, with BlackRock’s IBIT product outflowing $22.4 million, accounting for over 70%. Ethereum spot ETFs faced more pronounced selling pressure, with a single-day net outflow of $42 million, and ETHA products outflowing $44.4 million, indicating that institutional investors are cautious about the two major mainstream cryptocurrencies. In contrast, Solana spot ETFs performed relatively better, recording a slight net inflow of $1.7 million yesterday, suggesting that some funds are still seeking alternative directions. In terms of flow, large-scale capital allocation between mainstream coins and emerging public chains is undergoing adjustments.