#数字货币市场洞察 [A Leading Asset Management Firm’s Bitcoin ETF Faces the Longest Outflow Streak in History]



Here’s some interesting data.

The star Bitcoin ETF that had been attracting capital since January last year—iShares Bitcoin Trust (ticker IBIT)—has seen massive withdrawals by investors over the past five weeks, with more than $2.7 billion flowing out. This marks the longest period of net outflows since its launch.

What’s even more dramatic is that, as of last Thursday, another $113 million was redeemed. At this rate, a sixth straight week of net outflows seems almost certain. That said, the fund still manages over $71 billion in assets, so its foundation remains strong.

The on-chain data analysts at Glassnode offered their take: the constant inflow of capital has completely reversed, and new capital’s enthusiasm for BTC allocations has clearly cooled.

Looking at the price—Bitcoin is now hovering around $92,000, down roughly 27% from last October’s highs. Market sentiment has definitely shifted.
BTC-1.55%
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CrashHotlinevip
· 12h ago
$2.7 billion outflow? I just want to know what these institutions are thinking—are they buying the top or cashing out at the bottom? --- 92,000 really needs to hold, if it drops further it's going to crash. --- Whales are running, retail investors are still sleepwalking, this plot is wild. --- There's still a $71 billion market cap, no need to worry too much. The main thing is to see when institutions come back in. --- The sentiment really has changed, and the money is truly gone too. The choice is obvious. --- iShares is playing a bit aggressively this time, blasting and dumping for five straight weeks. --- New capital cooling off? Then let the dead money come in—it’s the eternal cycle.
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NotAFinancialAdvicevip
· 12-05 09:39
2.7 billion has been thrown in, this wave really hurts a bit. --- IBIT still couldn't hold up, institutions are running too. --- Weren't we supposed to always be bullish? Now they're starting to liquidate. --- 92k can still drop, I'm just wondering when the bottom will be. --- The 71 billion scale is still there, but the enthusiasm is gone, and that's the most heartbreaking part. --- 2.7 billion outflow in five weeks, if the foundation wasn't strong it would've been over already. --- Is the cooling of new capital really this obvious? It's so real. --- Down 27% and still telling stories, speechless. --- Glassnode was right, sentiment has indeed reversed this time. --- From money-making machine to cash-out machine, that fast?
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WalletManagervip
· 12-05 09:39
$2.7 billion flees IBIT, retail investors should wake up. Hold your private keys tightly, don't be fooled by the direction of capital flows.
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GasFeeCriervip
· 12-05 09:38
$2.7 billion has been withdrawn, is it our turn to buy the dip now?
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SandwichHuntervip
· 12-05 09:34
$2.7 billion withdrawn—so this is what you call institutions cutting losses? LOL, they still have $71 billion left. --- Damn, from a money-magnet to a capital outflow funnel—this IBIT reversal is pretty wild. --- A 27% drop from 92,000 isn’t the main thing; the real pain is that new money isn’t coming in... --- Anyone paying attention saw the capital reversal coming ages ago, and now people are just talking about it? --- With $71 billion in assets, it can still hold up—the real issue is that market sentiment has completely changed. --- $2.7 billion outflow in five weeks, feels like this is just the beginning. --- Wait, are institutions really cutting losses or just reallocating? Hard to tell. --- People entering now are probably bottom fishing—or they really have no more money left. --- Bitcoin dropping 27% actually turned out to be a good thing—at least it flushed out a batch of retail investors. --- Don’t sugarcoat it as “enthusiasm cooling,” just say new blood can’t get in anymore, that’s it.
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OptionWhisperervip
· 12-05 09:28
Oh wow, $71 billion and still talking about a strong foundation—are they just trying to comfort themselves? --- $2.7 billion outflow in just five weeks, that's a pretty aggressive pace. --- New capital cooling down? Basically, no one believes in it anymore. --- 92k can still drop 27%. Damn, I really bought at the top. --- IBIT is having a rough time this round, but haven't they already given up? --- "Market sentiment has changed"—that's such a spot-on comment. I just want to know when it'll turn back. --- What's the use of a strong foundation? A steep drop is a steep drop, period.
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