On December 15th, the global cryptocurrency ETF market experienced a major influx of institutional funds. Data shows that the net buy-in by institutions reached $8.4 billion, with Bitcoin being the main target of accumulation.
BTC led with a net purchase of $6.08 billion, reflecting traditional institutions' strong confidence in Bitcoin's long-term value. Ethereum followed closely, with a net buy-in of $2.296 billion, indicating continued interest in the second-largest blockchain ecosystem. Additionally, Solana received $22.98 million in net institutional buy-in.
It is worth noting that this large influx of institutional funds coincided with a market correction. This phenomenon reflects the contrarian thinking of institutional investors—adding to positions during market declines, which is often seen as a signal of bottom-fishing.
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BanklessAtHeart
· 12-16 08:46
Institutions' moves are really aggressive; they kept buying aggressively during the pullback. Should retail investors follow or stay on the sidelines?
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Degen4Breakfast
· 12-16 08:46
Institutions are starting to buy the dip. Is this really the moment to take off?
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GasWaster
· 12-16 08:46
ngl the $6.08B BTC inflow is insane but like... did anyone check the bridge fees to get these into cold storage? 😭 probably burned another $50M in gas just to move it all
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MetaverseLandlady
· 12-16 08:42
The institutions are really bottom-fishing this time. Looks like we have to join in and eat some meat.
On December 15th, the global cryptocurrency ETF market experienced a major influx of institutional funds. Data shows that the net buy-in by institutions reached $8.4 billion, with Bitcoin being the main target of accumulation.
BTC led with a net purchase of $6.08 billion, reflecting traditional institutions' strong confidence in Bitcoin's long-term value. Ethereum followed closely, with a net buy-in of $2.296 billion, indicating continued interest in the second-largest blockchain ecosystem. Additionally, Solana received $22.98 million in net institutional buy-in.
It is worth noting that this large influx of institutional funds coincided with a market correction. This phenomenon reflects the contrarian thinking of institutional investors—adding to positions during market declines, which is often seen as a signal of bottom-fishing.