2026-01-17 06:28:36

On January 16th, Eastern Time, the capital flow in the spot ETF market showed an interesting divergence. The Bitcoin spot ETF faced considerable pressure, with a total of $395 million in net outflows across the sector, but Blackstone's IBIT product held firm, recording a net inflow, which is a bright spot.

In contrast, the Ethereum spot ETF continued its fifth consecutive day of attracting capital, with a single-day net inflow of $4.64 million yesterday, demonstrating stable performance. The XRP spot ETF also shared the gains, recording a net inflow of $1.12 million. Solana's spot ETF was a bit cooler, with a net outflow of $2.22 million on that day, forming a clear contrast with Ethereum.

From the perspective of capital flow, market attitudes towards different chains vary significantly, and institutional choices between large assets and small tokens are also undergoing rebalancing.

BTC6.52%

ETH7.68%

XRP11.55%

SOL10.19%

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DAOplomacy

· 01-20 04:41

ngl, the bifurcation here is arguably reflecting some non-trivial incentive misalignments between institutional capital allocators... ibit holding steady while btc bleeds feels like path dependency playing out in real time, innit

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AirdropHunter007

· 01-19 04:44

BTC drops out, but Blackstone stubbornly holds onto IBIT... institutions really know how to pick, ETH rising for five consecutive days is impressive

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CryptoPhoenix

· 01-19 03:20

Watching Blackstone IBIT still holding up indicates that big institutions are still maintaining a stable mindset, but the overall net outflow of BTC... we need to think about what's going on. ETH has been attracting funds for five consecutive days. This rhythm aligns with the logic of psychological recovery, and we should believe that the market is re-pricing. SOL has been hammered quite badly this wave, feeling like retail investors are cutting losses while institutions are picking up opportunities. Energy is conserved this way. In fact, this divergence precisely indicates that the bottom range is so distorted. Let's wait and see; opportunities are brewing. Don't be scared by short-term net outflows. True value reversion takes time and patience. All we can do is navigate through the cycle.

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BearEatsAll

· 01-17 06:58

BTC is bleeding again, but Blackstone is holding on... Institutions are really optimistic about ETH this time, entering the market for five consecutive days. The pace is quite aggressive.

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MemeEchoer

· 01-17 06:58

Blackstone's move is really impressive. Even when BTC is overall flowing out, it managed to hold strong. Institutions still have sharp instincts... ETH has had five consecutive days of net inflow, which is quite strong. No wonder the recent rally has been good.

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CrossChainBreather

· 01-17 06:58

Blackstone's move is truly brilliant; even as the BTC market crashes, IBIT can still hold its ground. This is the mark of institutional players.

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tx_pending_forever

· 01-17 06:48

BTC has dropped out of the red again, luckily Blackstone is holding it up, otherwise it would look even worse. On the other hand, ETH has been attracting funds these days, which is really outrageous. Why has SOL been sidelined and ignored?

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NullWhisperer

· 01-17 06:47

ibit holding strong while btc bleeds out... technically speaking, that's an interesting edge case. blackrock's got the fortress, everyone else's got the leaky bucket situation going on.

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PretendingSerious

· 01-17 06:43

BTC is dropping so sharply, yet Blackstone is still buying. Truly amazing—this must be the institutional intuition.

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