It turned out to be below expectations. Just yesterday, I was saying that the price of $BTC rose quite a bit on Monday, and there should be investors chasing the rise and cutting losses. I also thought that the spot ETF investors wouldn't say too much, but at least there should be a net inflow. Unexpectedly, there was still an outflow, and surprisingly, it was mainly from BlackRock, with nearly 1,000 Bitcoins flowing out, while Fidelity's net outflow was less than 100.
It seems that more funds have gone to the U.S. stock market. Currently, traditional investors are not very interested in the cryptocurrency space, so we might have to wait a bit longer.
This article is sponsored by #Bitget | @Bitget_zh
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