2026-01-22 13:04:44

The recent spot ETF market has been quite lively. Yesterday, January 21st, Eastern Time, Bitcoin spot ETFs experienced a net outflow of $709 million, marking the third consecutive day of net outflows. Many institutional investors seem to be reducing their holdings on rallies.

Ethereum's situation isn't much better, with a total net outflow of $298 million from spot ETFs yesterday, indicating that market enthusiasm for Ethereum is indeed cooling down.

Interestingly, not all mainstream coins are being sold off. Solana spot ETFs recorded a net inflow of $2.92 million yesterday. Although the amount isn't large, it at least shows that there is still interest in this ecosystem. XRP performed even better, with a single-day net inflow of $7.16 million from spot ETFs, demonstrating some market activity.

Overall, the capital outflows from Bitcoin and Ethereum contrast with the inflows into SOL and XRP, suggesting that the market sentiment might be quietly shifting.

BTC0,45%

ETH0,47%

SOL-0,56%

XRP0,26%

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ImpermanentPhobia

· 01-22 13:33

Institutions are dumping, retail investors are buying the dip, I've seen this script before.

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NervousFingers

· 01-22 13:32

Institutions are dumping? The days for Bitcoin and Ethereum are indeed tough, but XRP is still bleeding them dry. Interesting.

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MetaverseLandlady

· 01-22 13:27

Institutions are harvesting again, BTC has been falling for three consecutive days, this pace is really incredible.

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HodlOrRegret

· 01-22 13:25

Funds are quietly flowing into SOL and XRP, while institutions are withdrawing from BTC and ETH. Is this rotation or an escape?

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DefiPlaybook

· 01-22 13:21

According to data, the outflow scale of BTC and ETH is significantly larger, but from a capital allocation perspective, the inflow of SOL and XRP instead highlights the market's reassessment of risk-reward ratio—what might be implied behind this?

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GateUser-0717ab66

· 01-22 13:09

Institutions are harvesting again. Bitcoin and Ethereum have fallen for three consecutive days, but are SOL and XRP bottoming out? The market sentiment is shifting so quickly, be careful not to get caught off guard.

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