#IBIT net outflow of $124 million#
Hot Topic Overview
Overview
Recently, Bitcoin ETF market has seen continuous capital outflows. Yesterday (January 8th), several Bitcoin ETFs experienced net outflows. Among them, ARKB saw a net outflow of $148.3 million, IBIT saw a net outflow of $124.28 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. In terms of Ethereum ETFs, ETHE saw a net outflow of $8.3 million, and ETH saw a net outflow of $3.4 million.
Ace Hot Topic Analysis
Analysis
Recently, there has been a net outflow of funds from spot Bitcoin ETFs and spot Ethereum ETFs in the United States. Among them, IBIT has seen the most significant outflow, with a net outflow of $124.28 million (1,319 BTC) yesterday. In addition, ARKB also experienced a large-scale net outflow, with a net outflow of $148.3 million yesterday. Other spot Bitcoin ETFs such as BITB, EZBC, and GBTC also saw net outflows, amounting to $11.3 million, $8.2 million, and $8.9 million respectively. In terms of spot Ethereum ETFs, ETHE saw a net outflow of $8.3 million, while ETH saw a net outflow of $3.4 million. This phenomenon may be related to the recent poor overall performance of the cryptocurrency market, with investors taking a cautious stance on the market outlook, leading to capital outflows. Furthermore, the US Securities and Exchange Commission (SEC)'s delayed approval of spot Bitcoin ETFs may also have exacerbated investor wait-and-see sentiment.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
IBIT net outflow of $1.2428 billion, indicating that investor interest in Bitcoin ETFs may be waning.
ARKB net outflow of $1.483 billion, further confirming the trend of Bitcoin ETF outflows.
Other Bitcoin ETFs, such as BITB, EZBC, and GBTC, also saw outflows, indicating a cautious attitude among investors towards the asset class as a whole.
Ethereum ETFs also saw outflows, suggesting that overall sentiment towards cryptocurrencies may be weakening.