【Blockchain Rhythm】Recently, there has been an interesting phenomenon of capital flow in the digital asset market. Last week, the outflow reached $446 million, which is no small figure—since mid-October, the total outflow has accumulated to $3.2 billion. This data indirectly reflects that the market sentiment recovery still requires time.
What’s more noteworthy is the regional distribution of funds. Capital continues to flow out of the US, but the European market, especially Germany, is absorbing funds against the trend. This divergence precisely indicates that there is targeted strategic positioning in the market—some are bottom-fishing, while others are selling off.
An especially interesting aspect is the performance differences at the currency level. ETF products for XRP and Solana have been continuously attracting funds since their launch, and these two public chains are performing significantly better than Bitcoin and Ethereum. Meanwhile, Bitcoin and Ethereum, the major players in the market, are experiencing ongoing capital outflows, reflecting a subtle shift in investors’ risk appetite.