Crypto:
33611
Bitcoin:
$103.651
% 3.17
BTC Dominance:
%58.6
% 0.29
Market Cap:
$3.53 T
% 2.56
Fear & Greed:
72 / 100
Bitcoin:
$ 103.651
BTC Dominance:
% 58.6
Market Cap:
$3.53 T

Million-Dollar Net Outflows in Bitcoin and Ethereum ETFs

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Yesterday, spot Bitcoin ETFs saw net outflows of $457.6 million, while spot Ethereum ETFs experienced outflows of $136.2 million.

The launch of DeepSeek increased selling pressure in the crypto market, causing Bitcoin’s value to drop to as low as $97,713. However, Bitcoin quickly rebounded, surpassing the $100,000 mark once again.

As of the new trading day, Bitcoin is trading at $102,815, while Ethereum stands at $3,194.

The total market capitalization of cryptocurrencies has reached $3.44 trillion, with Bitcoin’s market value calculated at $2.03 trillion and Ethereum’s at $385 billion.

Million-Dollar Outflows in Bitcoin and Ethereum ETFs

On January 27, spot Bitcoin ETFs recorded total net outflows of $457 million. This marked the first instance of net outflows following seven consecutive days of net inflows.

Fidelity Bitcoin ETF (FBTC) faced the largest outflows at $286 million, followed by Grayscale Bitcoin ETF (GBTC) with $108 million in outflows.

On the same day, Ethereum spot ETFs also experienced total net outflows of $136 million. Grayscale Ethereum ETF (ETHE) recorded a single-day outflow of $84.22 million, while Fidelity Ethereum ETF (FET) saw an outflow of $68.46 million.

Trump’s WLFI Project Seizes the Opportunity

Taking advantage of yesterday’s dip, Trump’s WLFI project purchased $10 million worth of Ethereum.

Wlfi

The DeFi project World Liberty Financial (WLFI), supported by the Trump family, executed a significant transaction by purchasing 3,247.3 ETH at a price of $3,079, totaling 10 million USDT. This move highlights WLFI’s ongoing strategy to diversify its portfolio.

READ:  What Does World Liberty Financial (WLFI) Hold in Its Portfolio?

The project has invested $275 million across seven cryptocurrencies. The portfolio allocation shows a strong preference for major cryptocurrencies, with 65% in ETH and 25% in BTC, making up 90% of the total investments. The remaining 10% is distributed among five altcoins.


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