Mixed signals in crypto spot ETFs: Massive outflows from Bitcoin and Ethereum continue
Recently, an interesting picture has emerged in spot crypto ETFs. $398.8 million has been withdrawn from Bitcoin ETFs, and $159.2 million from Ethereum ETFs. The withdrawal of funds from these two heavyweight coins via traditional financial channels is ongoing.
But the story doesn't end there. There is an inflow of $13.6 million into Solana ETFs and an buying pressure of $8.7 million into XRP ETFs. Investors are focusing on alternative assets rather than large caps.
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MEVictim
· 6h ago
Big whales are dumping BTC and ETH, while retail investors are bottom-fishing SOL and XRP. This is the market, haha.
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Ser_This_Is_A_Casino
· 01-09 12:02
Did the money from btc and eth go to sol and xrp? I need to think carefully about this operation...
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LiquidityWizard
· 01-09 12:01
Large-scale escape of BTC and ETH, but small coins are attracting accumulation... This wave of rotation is interesting.
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SnapshotBot
· 01-09 12:01
Large funds are moving, retail investors are bottom-fishing small-cap coins? I know this routine too well. After selling off BTC and ETH, there are still people picking up SOL.
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SignatureAnxiety
· 01-09 12:01
Big whales dump coins, small tokens pick up the slack. This old trick is back again haha
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Token_Sherpa
· 01-09 11:36
ngl the rotation into sol and xrp while btc/eth hemorrhage is giving me velocity trap vibes... like are we actually seeing genuine utility or just ponzinomics moving the goalposts? 🤔
Mixed signals in crypto spot ETFs: Massive outflows from Bitcoin and Ethereum continue
Recently, an interesting picture has emerged in spot crypto ETFs. $398.8 million has been withdrawn from Bitcoin ETFs, and $159.2 million from Ethereum ETFs. The withdrawal of funds from these two heavyweight coins via traditional financial channels is ongoing.
But the story doesn't end there. There is an inflow of $13.6 million into Solana ETFs and an buying pressure of $8.7 million into XRP ETFs. Investors are focusing on alternative assets rather than large caps.