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This week, US spot Bitcoin ETFs saw a net outflow of $680 million, with FBTC leading the decline.
【BlockBeats】This week, the US spot Bitcoin ETF market showed a divergence trend. According to the latest monitoring data, as of January 10th, the total net outflow for the week reached $680.9 million, indicating an overall outflow of funds.
However, a closer look at the performance differences among various products reveals quite a gap. IBIT performed relatively well, recording a net inflow of $25.9 million; BTCO and EZBC contributed $15 million and $13.6 million in net inflows respectively; BRRR also saw an inflow of $7.2 million; although smaller in size, BTCW maintained a net inflow trend.
On the outflow side, FBTC led the decline with a net outflow of $481.2 million, accounting for the majority of the week’s outflows. GBTC followed closely with an outflow of $171.8 million. Other products such as ARKB, HODL, and BTC also experienced varying degrees of outflows, at $4.54 million, $2.07 million, and $22 million respectively. BITB, although with a relatively small outflow, was not immune, with an outflow of $3.4 million.
Overall, market sentiment remains volatile, with large outflows coexisting with small inflows, reflecting that investors are still quite cautious at the current price levels.