ETF Bitcoin đầu năm biến động: dòng chảy ròng 1 tỷ USD bị rút hết bởi 1.1 tỷ USD, niềm tin của tổ chức ở đâu?

【Coin Circle】 In the first two trading days of the year, Bitcoin ETF stood out——net capital inflows exceeded $1 billion, and many analysts cheered, believing this was a signal of investors’ rising risk appetite.

But the story took a sharp turn.

In the next three trading days, Bitcoin ETF reversed course, with cumulative net outflows of $1.128 billion. In just three days, institutions voted with their feet, nearly completely offsetting all gains from the first two days of the year. The final tally——since January, Bitcoin ETF’s capital flows have been nearly flat, with the initial optimism completely dampened by reality.

The problem reflected behind this is sobering: institutional investors’ confidence is far from solid. The constant inflows and outflows of short-term capital, full of volatility, indicate that the market is wavering repeatedly.

Next, keep a close eye on two major events——U.S. employment data and Supreme Court rulings, either of these information sources could become a market flashpoint, further impacting investor sentiment and capital flows. Friday evening, the market may face a new round of volatility.