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January 7th Market Update: Spot ETF Capital Flows
Bitcoin's recent performance shows mixed signals. The 1-day netflow dipped to -970 BTC (down $89.25M), but zooming out to the weekly view reveals stronger momentum with +8,185 BTC accumulated ($753.45M inflow).
Ethereum maintains bullish conviction across timeframes. Daily inflow hit +7,391 ETH worth $23.8M, while the 7-day accumulation reached an impressive +102,025 ETH totaling $328.52M—signaling sustained institutional interest.
Solana's ETF activity stands out with exceptional buying pressure. The 1-day netflow surged +74,237 SOL ($10.24M), and weekly accumulation reached +279,494 SOL, indicating strong appetite for this major altcoin.
Overall: Despite Bitcoin's minor pullback today, the weekly trends across all three assets point toward consistent capital inflows, suggesting market participants remain constructive on major crypto holdings.