Last Friday, the data of BTC spot ETF was still good, continuing the net outflow for six consecutive working days. In particular, BlackRock investors bought 1,250 BTC again. Moreover, it was not just BlackRock. There were also several scattered net inflows, and the outflow trend was greatly weakened. On Friday, only Grayscale's GBTC outflowed 103 BTC, and no other institutions outflowed.
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This also shows that at least the sentiment of ETF investors has gone out of the panic atmosphere. Unless there is further negative news, investors have expected almost everything. But this does not mean that a reversal is coming. After all, there are not many investors who buy at the bottom, and most of them just don't sell. In the data of the 62nd week, American investors finally got rid of the net outflow data for five consecutive weeks. Although only 9,000 BTC flowed in, it still represents a change in sentiment. Data has been updated, address: https://docs.google.com/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit?usp=sharing Weekly data address: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing
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