2025-12-26 03:24:16

Market sentiment is panicked, but big funds are secretly accumulating—this is the most heartbreaking phenomenon in the recent Bitcoin spot market.

A few days ago, data showed that among the top 25 most profitable ETFs in the US this year, a leading institution's Bitcoin spot ETF, despite dropping nearly 10%, was the only loser, yet it ranked sixth in fund inflows. In comparison, the gold ETF with a 64% return didn't have nearly as much inflow. Irony, right?

Even more dramatic, just after November ended, this ETF experienced a historic single-day outflow of $523 million. A product that ranks high in inflows and simultaneously undergoes massive capital withdrawals—what does this reflect? The narrative on the surface of the market and the actual fund flows have completely diverged.

Retail investors see the decline and start to sell off, but what are institutions doing? Since the October high, Bitcoin has fallen nearly 30%, approaching the $90,000 mark. Throughout November, the US spot Bitcoin ETF market experienced collective outflows exceeding $3 billion. Traders have even started buying "insurance"—downside protection against Bitcoin falling to $80,000.

Panic indeed permeates the market. But this is precisely the time for discerning institutions to act. A well-known university's endowment fund increased its IBIT holdings by 257% in the third quarter, now holding approximately $442 million, making it their largest single position. Meanwhile, the investment committee in Abu Dhabi is quietly increasing its Bitcoin ETF allocations.

This is almost the most common scene in market cycles: retail investors scream at the bottom, while institutions quietly position themselves. When prices fall, funds are actually flowing in—what does this mean? It indicates that smart money doesn't believe this decline has a bottomless pit.

BTC1,21%

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MetaverseHomeless

· 7h ago

Retail investors cut losses while institutions lie in wait. How many years has this trick been played... Wake up, everyone. --- It's that old saying again: panic at low levels is the best reminder. Whether you listen or not is your business. --- 257%?? If funds play like that, us small retail investors can only watch with wide eyes. --- Basically, it's an information gap. Institutions look at the long term, we look at K-line charts. The difference isn't money, it's brains. --- It’s always like this: at the bottom, we get cut and doubt ourselves; only afterward do we realize where the smart money is. --- IBIT's move this time is indeed impressive, with over 400 million in the largest holdings... That bet is pretty bold. --- $3 billion outflow, yet some institutions are still bottom-fishing? The market is just ridiculous.

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FlashLoanKing

· 8h ago

Honestly, when retail investors are cutting their losses, institutions are scooping up the bottom. This script is always the same...

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ChainWatcher

· 8h ago

Uh... it's the same old script of "retail investors get wiped out while institutions scoop the bottom," getting a bit tired of watching it. This time, what's different is that the university fund over there directly increased its IBIT position by 257%, and Abu Dhabi is also secretly buying... how should I put it, as the saying goes, the lower the price, the smarter money rushes in. I kind of want to ask, when will retail investors learn this logic? --- That big outflow on the 23rd was really crazy, 2.57 billion disappeared in a day, but then there was a continuous inflow... isn't this a typical scene of panic selling meeting institutional accumulation? --- But to be fair, is dropping close to 90,000 really the bottom? I think we still need to wait. --- The 257% figure is a bit intense, does some well-known university play this aggressively?

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AirdropHarvester

· 8h ago

Retail investors are crying and shouting, while institutions are happily jumping in. This move is truly incredible. I can't understand this market anymore. How are people still throwing money in when it's falling like this? It's the same old trick of cutting the leeks; the bottom feeders will always be us. 257%, oh my god, even university endowment funds are starting to play this game? That's crazy. Basically, it's a game for the wealthy. When we see it falling, we have to run; when they see it falling, they buy more. This is called information asymmetry. Retail investors are always a step behind.

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