After a small net outflow on Wednesday, the BTC spot ETF returned to a net inflow situation on Thursday, which is normal. As mentioned yesterday, the main reason for Wednesday was due to GDP expectations, while the continued rise in prices on Thursday drove the recovery of investor sentiment, especially for BlackRock investors who continued to buy for the 13th consecutive working day, and the buying data continued to improve. From the data, it can be seen that the market, which has shaken off tariffs and economic recession expectations, has regained vitality. Both US stock and BTC investors have reignited FOMO sentiment. In the past 24 hours, only Grayscale, ARK, and Jingshun have sold US institutions, and the total sales amount has just exceeded 1000 units. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex