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16 hour ago
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BEARISH 📉 : Crypto Funds Lose $1.80 Billion Amid Metals Market Turmoil

Investors have recently withdrawn funds from spot crypto ETFs, reflecting short-term reactions rather than long-term market sentiment changes.

Spot Crypto ETF Flows

  • US-based spot Bitcoin ETFs saw $1.50 billion in outflows over five days.
  • Spot Ether ETFs experienced roughly $327 million in outflows.
  • Total outflows reached about $1.80 billion.
  • A large inflow of $840 million into Bitcoin ETFs was noted on Jan. 14.

Crypto ETF Charts

Metals Market Volatility

  • Gold and silver prices hit new highs but then fell sharply.
  • The sudden drop prompted some investors to sell other risk assets, including crypto.

Precious Metals Chart

Bitcoin Price Action

  • Bitcoin fell about 6.50%, while Ether dropped around 8.90% this week.
  • Markets briefly spiked after the US CLARITY Act discussions but then cooled.
  • Price movements are linked to positioning, margin calls, and headline reactions.

Analyst Perspectives

  • Some analysts see the pullback as temporary.
  • Eric Balchunas describes the negativity around Bitcoin's price as short-sighted.
  • Matt Hougan suggests that continued ETF demand could lead to higher Bitcoin prices over time.