#IBIT net outflow of $124 million#

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Overview

Recently, there has been a significant outflow of funds from the Bitcoin ETF market. According to Golden Finance, yesterday (January 8th), 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 addition, spot Ethereum ETFs also saw outflows, with ETHE seeing a net outflow of $8.3 million and ETH seeing a net outflow of $3.4 million.

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Analysis

Recently, there has been a trend of net outflows from spot Bitcoin ETFs and spot Ethereum ETFs in the United States. According to Farside Investors monitoring data, yesterday (January 8th), ARKB saw a net outflow of $148.3 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 spot Ethereum ETFs, ETHE saw a net outflow of $8.3 million, and ETH saw a net outflow of $3.4 million. In addition, according to Trader T monitoring, IBIT saw a net outflow of $124.28 million (1,319 BTC) yesterday. This phenomenon indicates that investors are cautious about the short-term outlook for the cryptocurrency market, which may be related to the recent volatility in the cryptocurrency market and the uncertainty of US regulatory policies.

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Bitcoin ETF market fund outflows continue

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IBIT net outflows are large

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reaching 1.2428 billion USD

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ARKB net outflows are the largest

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reaching 1.483 billion USD

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Other Bitcoin ETFs also saw fund outflows

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