Last Friday, the data of BTC spot ETF was relatively normal. Although there were signs of an escalation of the war at that time, investors were generally optimistic. After all, it was still a net inflow, but the inflow further decreased. Especially for BlackRock investors, the net inflow decreased from four digits to more than 400, indicating that the market had begun to anticipate the impact of the war on prices. But there is still no significant scale of selling, which may be due to Powell's statement that geopolitical conflicts will not have a long-term impact on inflation. Overall, most investors are still on the sidelines and have little interest in buying and selling. Perhaps due to a day off, the purchasing power in week 75 decreased by less than 30% compared to week 74. Actually, investors in Bitcoin spot ETFs are quite conservative, with the majority shifting towards long-term holders. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex