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According to the latest data from SoSoValue, on January 20th (Eastern Time, US), there was a significant fluctuation in funds in the spot ETF market.
Bitcoin spot ETFs experienced a large-scale net outflow, with a daily outflow of $483 million, reflecting cautious attitudes among major investors regarding the future market. Meanwhile, Ethereum spot ETFs also did not escape unscathed, with a net outflow of $230 million on that day. The simultaneous outflows of these two mainstream assets are noteworthy.
In other crypto assets, XRP spot ETFs saw a net outflow of $53.32 million, indicating weak market performance. However, it is worth noting that Solana spot ETFs achieved a net inflow, with approximately $3.08 million in funds entering on that day, making it one of the few assets with inflows and demonstrating market differentiation among various assets.
Overall, the flow of funds in large spot ETF products often serves as an important indicator of market sentiment. Investors should closely monitor the market implications behind these data.