💰The total net outflow of the US BTC spot ETF yesterday was nearly $210 million, while the Ethereum ETF saw a total net inflow of $1.15 million in a single day.

According to the latest data from SoSoValue, the net outflow amount for Bitcoin spot ETF yesterday reached nearly $210 million, marking four consecutive days of net outflows.

In terms of capital outflow, BlackRock's Bitcoin ETF IBIT and Bitwise's ETF BITB had net outflows of $219 million and $8.93 million respectively in a single day; their cumulative net inflows were $37.48 billion and $2.2 billion, respectively.

Meanwhile, WisdomTree's Bitcoin spot ETF BTCW, VanEck's ETF HODL, and Ark's ETF ARKB achieved net inflows of $10.24 million, $5.46 million, and $2.89 million respectively in a single day.

Currently, the total net asset value of Bitcoin spot ETFs is $108.98 billion, accounting for 5.70% of Bitcoin's total market capitalization, with a cumulative total net inflow of $35.72 billion.

On the same day, the total net inflow of the Ethereum spot ETF was $1.15 million, marking the first day of net inflow after four consecutive days of net outflows.

Among them, Bitwise's Ethereum spot ETF ETHW led the single-day net inflow of $1.15 million. At the same time, other Ethereum spot ETFs that day did not experience any capital outflows.

Currently, the total net asset value of Ethereum spot ETFs is $11.4 billion, accounting for 2.94% of Ethereum's total market capitalization, with a historical cumulative total net inflow of $2.41 billion.

🗣 Conclusion:

The recent net outflows from Bitcoin spot ETFs reflect the market's alertness to short-term volatility. Although the Ethereum ETF saw a net inflow yesterday, the amount was not particularly strong. It is believed that investors may be reassessing the value of cryptocurrencies and are looking for more stable investments or waiting for better buying opportunities.

However, for long-term investment, these capital flows might provide strategic buying opportunities, especially when the market undergoes adjustments.

It is worth noting that the Bitcoin spot market rebounded after briefly falling to the $90,000 level the day before yesterday and is currently stable above $97,000. The public is generally focused on the market's reaction around Trump's inauguration on January 20.

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