#美国科技基金净流 1.29 billion dollars ran away overnight! Fidelity led the sell-off, BlackRock followed, has institutional faith in ETH collapsed?
Brothers and sisters, did you see last night's ETF data? My blood pressure shot up——
$129.22 million, all gone in one day!
This is not a slow withdrawal, this is the kind of rush to catch a flight with a suitcase. Fidelity's FETH alone took out $67.09 million, accounting for more than half. BlackRock's ETHA followed closely with $29.49 million exiting. Even Bitwise and Grayscale's top two are selling, all lined up, not one left behind.
You call this a coincidence? I don't believe it.
What’s even more heartbreaking is—— Bitcoin also saw a net outflow of $276 million. This is not just ETH being hit; the entire market is being “reduced” by institutions with one click.
To put it plainly: it’s not that ETH can't do it anymore, it's the big money backing that is settling accounts at the end of the year, first cutting risk assets.
So are you panicking now?
To be fair, a single day outflow ≠ the bull is gone. BlackRock's ETHA still has a cumulative net inflow of $12 billion, and yesterday's $29.49 million is just pocket money in their accounts. Institutions are not liquidating, they are just reallocating—— it might also be year-end accounting, first cashing in on profits, and buying back after the new year.
And think about it: the outflow is concentrated in Fidelity and BlackRock, the two “mainstream finance” firms, while Grayscale's mini-version only saw $4.43 million. What does this indicate? The ones running away are the “newcomers” who just entered the market last year; the seasoned players haven’t moved at all.
The question now is: will the outflow continue tomorrow?
If it’s just for today, then it’s normal volatility, go wash up and sleep. If it continues for a week, then we should worry about whether “institutional faith has really collapsed.”
Share your positions in the comments——
🤝 Playing dead, waiting for next year
🏃 Ran away with Fidelity
🍉 Just watching, didn’t buy ETH
I still hold, but I cursed Fidelity in front of the screen for five minutes last night.
