Report on Bitcoin and Alternative Coin Investment Products
Digital asset investment products have experienced massive capital outflows globally, totaling $500 million. In terms of regions, the outflows from the United States, Switzerland, and Germany were $409 million, $60 million, and $32 million, respectively.
Due to recent price declines, it is possible that outflows from other regions may increase, possibly due to the $5 billion in outflows from the United States-based ETF provider Grayscale since January 11, 2024.
Grayscale's outflows reached a total of $2.2 billion last week. However, data shows that due to the decrease in daily outflows, the outflows decreased throughout the entire week.
In contrast, newly issued US ETFs attracted a total of $1.8 billion in inflows last week. Since their launch on January 11, 2024, these ETFs have recorded a total of $5.94 billion in inflows, including inflows from Grayscale, with a net total of $807 million.
According to the latest data on January 26, SoSo Value's report stated that the last trading day of the week saw a $255 million outflow from Grayscale. BlackRock's Bitcoin ETF saw an inflow of $87 million, and Fidelity's Bitcoin ETF saw an inflow of $100 million.
How are the investment products for alternative coins?
It is understandable that Bitcoin remains the primary focus, with outflows totaling $479 million, while short Bitcoin positions attracted inflows of $10.6 million. Overall, alternative coins experienced widespread outflows last week, with Ethereum experiencing a $390 million outflow, and Polkadot and Chainlink experiencing outflows of $700,000 and $600,000, respectively. Blockchain stocks recorded a total of $17 million in inflows last week.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
