The data for Friday can be anticipated. The price of $BTC has already dropped significantly, which has understandably triggered some panic among investors. Interestingly, the net outflow of Bitcoin on Friday was still lower than that on Thursday. The outflows from Fidelity and ARK decreased significantly, but BlackRock's outflows dominated. However, the situation remains the same as before, with only a small amount flowing out, and more investors are still on the sidelines.
In the data for week 92, investors in the U.S. spot ETF saw a net outflow of 11,000 BTC. While this isn't a large number, it is a significant difference compared to the net inflow of over 22,000 BTC in week 91. However, this amount has a limited impact on the spot market.
This article is sponsored by #Bitget | @Bitget_zh
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