This data is worth paying attention to. Recently, data from the platform shows that in December, ETH spot ETFs had a total net outflow of $531 million. At first glance, the outflow seems significant. However, when broken down, it becomes interesting.
BlackRock's iShares Ethereum Trust alone outflowed $332 million, accounting for nearly 62% of the total outflow. In other words, this large outflow mainly came from a single institution. The flow of other ETH spot funds remained relatively stable.
From this detail, we can see that the market is not generally bearish on ETH, but rather a specific institution is adjusting its positions. It is worth continuing to monitor subsequent capital movements.
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QuorumVoter
· 6h ago
Blackstone's move is quite interesting. It looks like a major outflow, but it's actually just them rebalancing their portfolio.
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SelfStaking
· 6h ago
The actions of BlackRock and other institutions can cause such a big impact, indicating that market liquidity is still relatively weak. The actual retail investor holdings might not be as large as expected.
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BearHugger
· 6h ago
BlackRock is selling off again? This isn't bearishness, just probably short on cash.
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MetaMasked
· 6h ago
BlackRock's move is quite interesting; secretly reducing positions and making retail investors think there's going to be a sell-off. By the way, can the outflow from a single institution really indicate a problem?
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MetaMuskRat
· 6h ago
Hmm, is BlackRock offloading assets or adjusting their strategy this time? It depends on their subsequent actions.
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AltcoinTherapist
· 6h ago
Is BlackRock Daddy about to cut losses? This move is quite interesting.
This data is worth paying attention to. Recently, data from the platform shows that in December, ETH spot ETFs had a total net outflow of $531 million. At first glance, the outflow seems significant. However, when broken down, it becomes interesting.
BlackRock's iShares Ethereum Trust alone outflowed $332 million, accounting for nearly 62% of the total outflow. In other words, this large outflow mainly came from a single institution. The flow of other ETH spot funds remained relatively stable.
From this detail, we can see that the market is not generally bearish on ETH, but rather a specific institution is adjusting its positions. It is worth continuing to monitor subsequent capital movements.