Daily Overview
The crypto market experienced substantial outflows today, primarily driven by significant activity in Ethereum. Despite this, Bitcoin saw a positive net inflow amidst the broader market decline.
Flows by Asset
BTC
Net: +$5.10M / Inflow: +$16.80M / Outflow: -$11.70M
| Fund | Flow |
|---|---|
| BlackRock | +$16.80M |
| Grayscale BTC | -$7.60M |
| Invesco | -$4.10M |
ETH
Net: -$60.30M / Inflow: +$2.40M / Outflow: -$62.70M
| Fund | Flow |
|---|---|
| BlackRock | -$44.40M |
| Grayscale | -$18.30M |
| Fidelity | +$2.40M |
SOL
Net: -$9.80M / Inflow: $0.00M / Outflow: -$9.80M No flows recorded.
XRP
Net: -$1.01M / Inflow: +$2.74M / Outflow: -$3.75M
| Fund | Flow |
|---|---|
| Franklin | +$2.74M |
| Bitwise | -$3.75M |
HYPE
Net: -$10.30M / Inflow: $0.00M / Outflow: -$10.30M No flows recorded.
NEAR
Net: +$1.13M / Inflow: +$1.13M / Outflow: $0.00M
| Fund | Flow |
|---|---|
| Bitwise | +$1.13M |
LINK
Net: +$0.01M / Inflow: +$0.46M / Outflow: -$0.44M
| Fund | Flow |
|---|---|
| Bitwise | +$0.46M |
| Grayscale | -$0.44M |
DOT
Net: -$0.14M / Inflow: $0.00M / Outflow: -$0.14M No flows recorded.
BNB
Net: -$0.28M / Inflow: $0.00M / Outflow: -$0.28M No flows recorded.
ZEC
Net: -$14.76M / Inflow: $0.00M / Outflow: -$14.76M No flows recorded.
Market Interpretation
Today's outflows reflect a cautious sentiment among investors, particularly in Ethereum, which faced significant withdrawals. Conversely, Bitcoin's inflow signals continued interest from institutional investors despite the overall market trend.
Conclusion
Overall, the crypto ETF market is experiencing a challenging phase, with notable pressure on Ethereum.
Flows are net creations minus redemptions, published the next morning (T+1). Text written by AI from computed figures. Market data for informational purposes only. Not investment advice.