Market Alarm Sounds: Funds and ETF Buying Both in Trouble

On January 8, 2025, the situation is not optimistic from the perspective of market funds.

The supply of USDT remains unchanged, while the supply of USDC has suddenly decreased by 370 million, abruptly halting the recent signs of improvement.

The situation regarding ETFs is equally severe.

Bitcoin and Ethereum ETFs faced a large-scale net outflow of funds yesterday, with $413 million flowing out of the Bitcoin ETF and $78.8 million withdrawn from the Ethereum ETF. Compared to the net inflow of funds the previous day, it’s like ice and fire.

Looking at the buying situation in the US market, the weakness is evident.

The Coinbase Bitcoin premium index has dropped from positive territory to negative, reflecting the weakening demand in the US market.

Comprehensive information indicates that the funding situation, ETF buying, and US buying have all deteriorated to varying degrees.

At this moment, investors must remain vigilant and cautious in their arrangements and responses.

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