2026-01-23 05:26:36

The crypto market funding landscape on January 22 showed a clear divergence. Bitcoin spot ETFs experienced a net outflow overall, with a single-day outflow of $32,108,100. Among them, the IBIT under BlackRock performed the best, contributing a net outflow of $22,352,900, becoming the main driver of the outflows. In contrast, Ethereum spot ETFs performed worse, with a total net outflow of $41,977,200, indicating a significant increase in market risk-averse sentiment towards mainstream coins. Only the Solana spot ETF defied the trend, recording a net inflow of $1.71 million, showing that some institutions still maintain investment enthusiasm for the new blockchain ecosystem. Overall, this wave of capital adjustment may reflect the market's cautious attitude towards recent market conditions.

BTC-1,4%

ETH-1,5%

SOL-1,87%

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JustAnotherWallet

· 01-26 04:56

Is Blackstone dumping? It seems like institutions are all fleeing, and the mainstream coins are cooling off. On the other hand, Sol is bleeding out, but people still believe in the new public chain. The main issue is the coordinated drop of BTC and ETH; this time, a correction is really coming. IBIT outflows are so fierce, the big players should be panicking. Wait, what’s the point of Solana’s inflow... just a drop in the bucket. With such a divergence in capital flow, I’m not optimistic in the short term. Don’t just look at the ETF; what about on-chain data?

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BearMarketBard

· 01-26 02:11

BlackRock's move, directly investing over 20 million, seems like major institutions are starting to hesitate There are still people entering Sol at this time, which is a bit confusing. Could it be that a new public chain is being hyped again? ETH has been hit even harder than BTC this time. Are mainstream coins really going to collapse... Funds are fleeing, no wonder the market has been so dull these past two days Why can Solana go against the trend? There must be a story behind it Is a black swan coming? Major players are reducing their positions Ethereum has lost over 40 million, this is definitely a signal With such strong risk aversion, is it a buildup or a real drop coming?

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EntryPositionAnalyst

· 01-24 15:59

Is Blackstone dumping the market? How did IBIT someone run away with over 20 million? This wave of SOL is like cutting leeks again. Mainstream coins are all fleeing, only new public chains are still dreaming. Is the capital fleeing? Is it about to start? ETH has fallen the hardest, I'm a bit scared. Institutions are adjusting their positions, not dumping the market. Why can SOL still rise? There must be a story behind it. I can accept Bitcoin's decline, but why is Ethereum falling faster than anyone else? Is this a shakeout or is a real drop coming? The army is really starting to retreat. Do people still believe in new public chains? Come on. Blackstone is cutting positions, this signal is a bit ominous. No one wants mainstream coins anymore, are small-cap coins taking over? The capital divergence is so obvious, it shows the market still lacks consensus.

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GasFeeBeggar

· 01-23 05:55

Large funds are running, small coins are bottoming out, I know this routine too well --- IBIT alone threw out more than 20 million, truly impressive --- Why are people still optimistic about Ethereum when it’s fallen so badly? --- Solana is flowing in against the trend? What are institutions betting on? --- Both hedging and cautious, honestly still lack confidence --- Blackstone leading the run, other institutions also pulling out, understandable --- If mainstream coins are like this, those small coins are doomed --- Solana’s rise and fall has nothing to do with Bitcoin, completely independent movement? Interesting --- Such severe capital differentiation, bottom signal? Or still dumping? --- While funds are flowing out, they say they’re optimistic, are miners still mining?

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BrokenDAO

· 01-23 05:54

Look, Blackstone is all in, which says everything. The equilibrium of institutional investors' game often determines the short-term rhythm. When they collectively hedge risks, what are retail investors still hesitating about? Interestingly, SOL is still attracting funds, which indicates the market hasn't completely given up— or rather, the incentive mechanism is still guiding people to bet on new stories. Just a repeat of the old tricks. ETH outflow of 41.97 million... Has the mainstream narrative collapsed?

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LiquidatedNotStirred

· 01-23 05:50

SOL this wave against the trend is quite interesting, are institutions still secretly accumulating new blockchains? --- Big Brother Blackstone just invested over 20 million, is he trying to make something happen? --- ETH outflows are so fierce, it's a bit scary... Should I stockpile Sol? --- The divergence is so obvious, it feels like major institutions are choosing their tracks. --- IBIT contributing so much outflow, it's a bit desperate. --- Wait, is Solana still attracting funds? Even in such a bad market, people are still interested? --- Mainstream coins are running, new blockchains are absorbing... Can we trust this signal? --- With such strong risk aversion, how can anyone dare to chase new blockchains? --- There are still people optimistic about Sol now, they really have guts. --- Such a large outflow scale, is a major adjustment coming?

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BearHugger

· 01-23 05:33

SOL is still bottom-fishing, does anyone really believe in the story of new public chains...

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