2026-01-09 08:00:35

#MSCI未排除数字资产财库企业纳入范围 Ethereum Spot ETF Experiences Largest Single-Day Capital Outflow in History

On January 9th, Beijing time, the Ethereum spot ETF market made headlines—net outflows reached $159 million in a single day, setting the highest record since its inception. The rapid withdrawal of funds has caused many observers to reevaluate the market sentiment.

BlackRock's ETHA became the most notable player in this wave of sell-offs, with a single-day net outflow of $108 million. However, it is worth noting that despite such a large-scale withdrawal, ETHA has maintained a total net inflow of $12.802 billion since its launch, indicating that large institutional investors still have confidence in long-term allocations.

Grayscale's ETHE performed even more poorly. In addition to a single-day net outflow of $31.716 million, its cumulative net outflow has surpassed $5.131 billion. The ongoing capital outflows are gradually diminishing the appeal of this once industry-leading product.

From a macro perspective, the overall situation of the Ethereum spot ETF has not completely reversed. The total net asset value of the entire ETF product line remains at $18.926 billion, accounting for 5.05% of Ethereum's total market capitalization. The accumulated attracted funds amount to $12.528 billion, and the fundamental structure has not undergone drastic changes.

The true meaning behind this capital movement is worth pondering—an extremely large unilateral sell-off contrasted with a relatively stable overall scale. Is this merely a normal fluctuation of short-term profit-taking, or a warning signal about Ethereum's future trend? Market participants have differing opinions.

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CounterIndicator

· 01-12 06:55

Gray scale is so miserable... Institutions are really voting with their feet, and BlackRock's steady dominance is just outrageous.

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ApeWithNoChain

· 01-11 22:04

$159 million lost in a day, Gray Scale is even worse... but Blackstone is still accumulating. Who will lose their composure first?

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OffchainOracle

· 01-09 08:23

Gray's recent sell-off is quite intense, with 5.1 billion flowing out... However, BlackRock still has confidence, and it seems institutions have no intention of running away.

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LiquidationAlert

· 01-09 08:19

Gray scale is really crashing, with a net outflow of 5.1 billion... Is this still considered a leader?

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HashRatePhilosopher

· 01-09 08:07

Grayscale's recent performance is really disappointing. They have sold off 5.1 billion and are still there... Where are the signals for institutional bottom fishing?

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GasWhisperer

· 01-09 08:05

ngl the $159M single day outflow screams either panic liquidations or whales rotating... but ETHA's still sitting on $128B cumulative? that's some serious institutional conviction right there. the duality is wild.

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SandwichTrader

· 01-09 08:04

$159 million fleeing? Grayscale has already withdrawn $5.1 billion, so how can they still say the fundamentals haven't changed?

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MeaninglessGwei

· 01-09 08:02

159 million fleeing, BlackRock is still accumulating, Grayscale is really about to cool down... Is this a wave of institutional liquidation or a shakeout?

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