Last Friday, the data for the $BTC spot ETF was still not good, but the main reason was the significant sell-off by BlackRock's investors, while other investors had very limited selling volumes. This indicates that although investor sentiment is not very positive and there is still some bearish information in the market, investors still have high expectations for the future of Bitcoin.

In the past 106 weeks, U.S. ETF institutions have seen a net outflow of 15,276 Bitcoins, which is a stark contrast to the net inflow of 15,229 Bitcoins in the 105th week, and the reason for this is Trump's tariffs.

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