💰Following the decline in the spot market, the US BTC and ETH spot ETFs saw their first net outflows yesterday

According to the latest data from SoSoValue, the Bitcoin spot ETF saw a single-day net outflow of $680 million yesterday, setting a new record for single-day outflows. This is also the first net outflow of funds in the past 15 days.

In terms of capital outflows, Fidelity's Bitcoin ETF FBTC, Grayscale's Bitcoin Fan Trust ETF BTC, Ark&21Shares' ETF ARKB, Grayscale's Bitcoin Trust ETF GBTC and Bitwise's ETF BITB ranked in the top five, with single-day net outflows of nearly $209 million, nearly $189 million, $108 million, $87.86 million and $43.61 million, respectively.

Currently, the total net asset value of Bitcoin spot ETFs has reached $109.66 billion, accounting for 5.74% of the total market value of Bitcoin, and the cumulative total net inflow is $36.33 billion.

On the same day, the Ethereum spot ETF had a net outflow of $60.47 million, achieving its first net outflow in the past 18 days.

Among them, Grayscale's Ethereum Trust ETF ETHE, Bitwise's Ethereum ETF ETHW, Grayscale's Mini Trust ETF ETH and Invesco's ETF QETH had net outflows of $58.13 million, $6.78 million, $3.18 million and $2.36 million respectively yesterday.

Fidelity's Ethereum ETF FETH and VanEck's Ethereum ETF ETHV had net inflows of $5.05 million and $4.94 million respectively.

Currently, the total net asset value of Ethereum spot ETFs is $11.98 billion, accounting for 2.94% of Ethereum's total market value, and the total net inflow is $2.4 billion.

As of now, according to the latest data from Coinmarketcap, the current price of Bitcoin is $97,939, down 3.55% in the past 24 hours; while the current price of Ethereum is $3,405, down 7.82% in the past 24 hours.

🗣Viewpoint:

In summary, yesterday's Bitcoin and Ethereum spot ETFs experienced overall net outflows, mainly due to the failure of BlackRock, one of the world's largest asset management companies, to continue the daily total net inflows of the previous two days, which may trigger the market to re-evaluate cryptocurrency ETFs.

Therefore, investors need to pay close attention to the dynamics of key players and their potential impact on market trends. In the future, as the market continues to mature and retail and institutional investors increase, such fluctuations in capital flows may occur more frequently.

#比特币ETF #以太坊ETF #资金流动

Bitcoin and Ethereum spot ETFs experienced capital outflows yesterday, signaling a change in market sentiment?

According to the latest data from SoSoValue, Bitcoin spot ETFs saw a net outflow of $54.94 million yesterday, marking the first net outflow after continuous net inflows over the past 7 days.

Among them, Fidelity ETF FBTC had a single-day net outflow of $25.64 million, ranking first in single-day net outflows; followed closely by Ark 21share ETF ARKB with a single-day net outflow of $24.13 million; while Grayscale ETF GBTC recorded a single-day net outflow of $5.51 million, with a historical total net outflow of $20.16 billion; Grayscale Bitcoin Mini Trust ETF BTC, on the other hand, had a single-day net inflow of $13.51 million, bringing its historical total net inflow to $502 million.

Currently, the total net asset value of Bitcoin spot ETFs stands at $69.64 billion, accounting for 5.08% of Bitcoin's market value, with a historical cumulative net inflow of $24.15 billion.

Similarly, Ethereum spot ETFs also saw a net outflow of $10.93 million yesterday, marking the first net outflow after three consecutive days of net inflows.

Among these, Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of $11.43 million, with a historical total net outflow of $3.13 billion; Grayscale Ethereum Mini Trust ETF ETH recorded no capital movement for the day, maintaining a historical total net inflow of $303 million. Invesco ETF QETH emerged as the Ethereum spot ETF with the highest single-day net inflow, recording a net inflow of $502,000, with a historical total net inflow of $25.82 million.

Currently, the total net asset value of Ethereum spot ETFs is $6.94 billion, accounting for 2.29% of Ethereum's market value, with a historical cumulative net outflow of $491 million.

🗣 Conclusion:

In summary, although the previous continuous net inflows indicated a positive attitude from investors towards the cryptocurrency market, yesterday's capital outflows may reflect caution from some investors or uncertainty in the market in the short term.

Investors should closely monitor market dynamics, including macroeconomic factors, industry news, and regulatory policies, to make more informed investment decisions.

💬 Despite the capital outflow yesterday, Bitcoin's price also saw a slight adjustment. Are you optimistic about the outlook of the cryptocurrency market this month? Would you choose to invest in spot ETFs, or opt for direct investment in cryptocurrencies?

#比特币ETF #以太坊ETF #资金流动 #投资情绪

💥 #比特币ETF Finally stopped the bleeding! After a record $12 billion outflow, it finally attracted $28.7 million in inflows on Monday. This wave of operations finally "recovered"! 😅 The following picture is today's gain list, see who is running the fastest! ⬇️

#比特币 #BTC #资金流动 #市场反弹

🚀 CoinShares: Bitcoin leads the decline! US economic data drives $305 million outflow from crypto markets in the week

📅 Last week, the digital asset market saw $305 million in outflows, which was a common phenomenon across almost all providers and regions. CoinShares believes that this is because the US macroeconomic data was better than expected, which made the market feel that the Federal Reserve might not cut interest rates so quickly, and the rate cut might not be so large.

📈 The CoinShares report pointed out that Bitcoin was the main focus of this outflow, with $319 million in outflows from the Bitcoin market last week. At the same time, Bitcoin short investment products attracted a large amount of inflows for the second consecutive week, the highest level since March. Ethereum also experienced outflows, with an outflow of $5.7 million, while trading volume also declined.

🌐 Despite the overall poor market sentiment, some altcoins such as Solana (SOL) bucked the trend and attracted $7.6 million in inflows. Binance Coin (BNB), Litecoin (LTC), and Cardano (ADA) also recorded some inflows.

🗺️ Regionally, the United States was the country with the largest outflow of funds, reaching $318 million. Germany and Sweden also saw outflows. Canada, on the other hand, saw the largest inflow of funds, followed by Switzerland and Brazil.

🤔 As the Fed's policy changes get closer, the digital asset market may react more sensitively to interest rate expectations. Investors are closely watching these macroeconomic data to predict future market movements.

Conclusion:

📈 Strong macroeconomic data in the United States led to an outflow of $305 million in funds from Bitcoin and other digital assets, showing the significant impact of traditional economic indicators on the cryptocurrency market.

📊 At the same time, the economic data that exceeded expectations reduced the possibility of the Fed's interest rate cuts, which in turn affected investors' interest in risky assets, including Bitcoin.

🌐 This also shows that the correlation between the digital asset market and the traditional financial market is strengthening, and investors are paying more attention to macroeconomic factors.

💬 Crypto assets have experienced capital outflows for two consecutive weeks. What do you think? Do you think US economic data and the Fed’s policies are key influencing factors?Share your thoughts!

#比特币 #数字资产 #资金流动 #美国经济数据

📉 Bitcoin and Ethereum ETFs are losing money: funds are showing a continuous outflow trend

Bitcoin spot ETFs saw another outflow of $54.13 million yesterday, and have seen net asset outflows for three consecutive days. Among them, ARKB Bitcoin ETF had a net outflow of $57.97 million yesterday, and has seen net asset outflows for four consecutive days; Fidelity's Bitcoin ETF FBTC also had a net outflow of $37.21 million yesterday;

On the other hand, Ethereum spot ETFs had a total net outflow of $3.2 million yesterday, and the total cumulative net outflow climbed to $561 million. Among them, Grayscale's ETHE ETF and Fidelity's FETH became the leaders of fund outflows, with net outflows of $14.69 million and $587,000, respectively.

Bitcoin spot ETFs have seen net outflows for three consecutive days, and Ethereum spot ETFs were not spared yesterday. Does this indicate a shake in market confidence, or are investors looking for new investment opportunities? This is worth our in-depth discussion.

💬What do you think of this wave of net outflows of ETF funds? What impact do you think this will have on the cryptocurrency market? Feel free to share your views in the comments!

#比特币ETF #以太坊ETF #资金流动 #加密货币市场 #投资趋势

📈 Overview of Bitcoin and Ethereum Spot ETF Inflows/Outflows in the U.S. Yesterday

The U.S. Bitcoin spot ETF continues to see capital inflows, with a total net inflow of $479 million yesterday, achieving four consecutive days of net inflows.

Among them, BlackRock's IBIT ETF led with a net inflow of $315 million in a single day, with a cumulative net inflow of $24.3 billion. Ark Invest and 21Shares' ETF ARKB followed closely, with a single-day net inflow of $59.78 million and a cumulative net inflow of $2.71 billion. Grayscale's GBTC ETF had a net outflow of $0 yesterday, while its Bitcoin Mini Trust ETF BTC saw a single-day net inflow of $21.59 million.

Currently, the total net asset value of Bitcoin spot ETFs is $68.47 billion, accounting for 4.97% of Bitcoin's market value, with a historical cumulative net inflow of $22.41 billion.

Meanwhile, the U.S. Ethereum spot ETF had a total net outflow of $1.14 million yesterday, marking two consecutive days of net outflows.

Fidelity's FETH ETF led with a single-day net inflow of $502,000, with a cumulative net inflow of $509 million. BlackRock's ETHA ETF had a single-day net inflow of $228,000, with a cumulative net inflow of $1.28 billion. Grayscale's ETHE ETF had a net outflow of $844,000 yesterday, while its Ethereum Mini Trust ETF ETH had no net outflow.

Currently, the total net asset value of Ethereum spot ETFs is $6.91 billion, accounting for 2.28% of Ethereum’s market value, with a historical cumulative net outflow of nearly $506 million.

In summary, the continuous capital inflows into Bitcoin spot ETFs reflect the market's high acceptance and demand for these products. Meanwhile, the outflows from Ethereum spot ETFs may suggest a wait-and-see attitude from the market regarding Ethereum's recent dynamics.

These data not only provide us with a snapshot of market sentiment but also reveal investors' attitudes and expectations towards different cryptocurrency products.

💬 What are your thoughts on the capital flow trends of Bitcoin and Ethereum spot ETFs in the U.S.? Do you think the capital inflow trend of the U.S. Bitcoin spot ETF in the past two days is a direct factor affecting Bitcoin's price movement?

#加密货币ETF #比特币现货ETF #以太坊现货ETF #资金流动

In-depth analysis of data on the AAVE chain: active funds, large currency holders and increasing holding trends

AAVE, as a leader in the DeFi field, its on-chain data reveals a lot of interesting information. Currently, the circulating market value of AAVE has reached US$2.3 billion, and that of FDV has reached US$2.46 billion. The monthly new circulation volume has stabilized at 43,000 pieces. It is worth noting that U.S. time zone funds are actively increasing their holdings of AAVE, showing the international market’s strong interest in this project.

Judging from the profitability of large currency holders, although most large holders are profitable, the overall profitability is not high, with the median being only 20%. This reflects that AAVE's price fluctuations have not brought significantly high returns, and also implies that position holders may have experienced multiple changes of hands and are no longer the same investors at the beginning of the bull market in 2021.

The financial strength of those who have increased their holdings of AAVE cannot be underestimated. The amount of funds in the addresses of these increasers is generally large, showing the market's optimistic expectations for the future prospects of AAVE. Among those who have increased their holdings, many hold a variety of assets but prefer to invest in heavily favored currencies. Their investment strategies favor long-term holding rather than short-term speculation.
In terms of exchanges, changes in AAVE’s holdings on major exchanges are also attracting attention. In particular, fund activity in the U.S. time zone is significantly higher than in other regions, which may be related to AAVE's higher awareness and acceptance in the U.S. market. In addition, although the number of transfers between DEX and CEX is frequent, the flow of funds within the exchange still dominates.

Taken together, AAVE's on-chain data shows a multi-layered market portrait: U.S. funds dominate the increase in holdings, large currency holders hold it for a long time, the market changes hands sufficiently, and there are strong increasers. These factors together constitute AAVE's current market structure and provide an important reference for future trends. Whether AAVE can continue to maintain its leading position on the DeFi track deserves our continued attention.

#AAVE #DEFİ #链上数据分析 #资金流动 #持币大户