Bitcoin ETF funds fluctuated, and the first outflow of an altcoin ETF

According to Woofun AI, the BTC price fluctuated sharply around $77,000, and ETF investors' positions fluctuated as a result, showing the market's macro background and core contradictions.

Despite intense volatility, Bitcoin ETFs have received more than $3 billion in new capital inflows over the past 30 days, driving BTC up 22%. In contrast, other cryptocurrency ETFs are trending steadily, and products related to Ethereum, Ripple, and Solana continue to attract capital. Data compiled by Woofun AI shows that even during the Bitcoin period of weakness, these assets maintained an inflow trend.

The market reversed on Wednesday, and the altcoin ETF experienced its first capital outflow in nearly two weeks. Previously, the cumulative net inflow of Ethereum-related ETFs was around $13.03 billion, but this trend was broken. The net capital flow of Hyperliquid, BNB, and several other altcoin ETFs returned to zero and failed to fill the gap. Although the reversal was relatively small, the signal was clear.

Daily data did not confirm that investors switched from altcoins to Bitcoin, but the status of the two camps was very different: Bitcoin alternated capital inflows and outflows for four consecutive trading days, while Ethereum and the like lost continuous capital demand. The next trading situation will reveal whether buying momentum can quickly resume, or whether overall ETF demand changes.