According to on-chain monitoring data, there was a significant withdrawal of funds from the US Bitcoin spot ETF yesterday, with a single-day net outflow of $398 million, reflecting subtle changes in market sentiment.
Specifically, among leading ETF products, BlackRock's IBIT experienced the largest outflow, totaling $193.3 million, followed by Fidelity's FBTC with an outflow of $120.5 million. The Grayscale series also performed poorly, with GBTC outflows of $73.1 million, and the mini BTC product also saw outflows of $7.2 million, totaling over $80 million. ARK's ARKB also recorded an outflow of $9.6 million.
However, there are some bright spots. Bitwise's BITB recorded a net inflow of $3 million, and WisdomTree's BTCW even grew against the trend, with an inflow of $1.9 million, indicating that some investors are still actively positioning. This imbalance of inflows and outflows may suggest that institutional funds are reallocating their positions.
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ser_ngmi
· 01-12 01:15
The big players are all crashing, only the small ETFs are absorbing... This is the current market situation.
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SorryRugPulled
· 01-11 08:18
Big whales are dumping, retail investors are buying the dip, it's an eternal story.
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VirtualRichDream
· 01-10 08:12
Big institutions are dumping their holdings, such a move... BlackRock has already sold nearly 200 million.
Institutions are repositioning, not completely exiting the market. Interesting.
In the past three months, this move has been a bit dirty. Let's see who ends up taking the bait.
Wait, are BITB and BTCW buying? Are the bottom-fishing traders starting to enter?
BlackRock is so eager to sell; there must be a story behind it.
It feels like they're setting a trap for retail investors. Be cautious.
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PumpBeforeRug
· 01-09 06:01
Blackstone IBIT is running again? Now it's really up to the big players to see how they scoop up the shares.
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RektRecorder
· 01-09 06:00
Big institutions are running, small players are bottom-fishing? This imbalance is quite interesting.
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failed_dev_successful_ape
· 01-09 05:57
The big players are once again cutting retail investors' chips. I just find it funny that this wave of escape amounts to 398 million.
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SignatureVerifier
· 01-09 05:55
technically speaking, the outflow numbers look substantial on paper but we need to validate these figures against actual on-chain settlement data... ibit dumping that hard feels statistically improbable without deeper audit tbh
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MevShadowranger
· 01-09 05:53
Is the black swan coming again? The big fish are quietly fleeing...
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VitalikFanboy42
· 01-09 05:50
The big whales are dumping, BlackRock is taking the biggest hit... It seems like someone is rebalancing their portfolio, not really trying to run away.
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StablecoinAnxiety
· 01-09 05:50
Large funds are moving, small funds are bottom-fishing, this is how the current operation works.
According to on-chain monitoring data, there was a significant withdrawal of funds from the US Bitcoin spot ETF yesterday, with a single-day net outflow of $398 million, reflecting subtle changes in market sentiment.
Specifically, among leading ETF products, BlackRock's IBIT experienced the largest outflow, totaling $193.3 million, followed by Fidelity's FBTC with an outflow of $120.5 million. The Grayscale series also performed poorly, with GBTC outflows of $73.1 million, and the mini BTC product also saw outflows of $7.2 million, totaling over $80 million. ARK's ARKB also recorded an outflow of $9.6 million.
However, there are some bright spots. Bitwise's BITB recorded a net inflow of $3 million, and WisdomTree's BTCW even grew against the trend, with an inflow of $1.9 million, indicating that some investors are still actively positioning. This imbalance of inflows and outflows may suggest that institutional funds are reallocating their positions.