For spot ETF investors, it is not an exaggeration to say that they are chasing the rise and killing the fall. Yesterday, there was a slight fluctuation, which showed that the purchasing power of ETF investors has once again declined. The purchasing power of ETFs is already very low, and a slight disturbance in investors' risk appetite will tighten. However, although the purchasing power has decreased, there has been no panic sales. Only 2 out of 11 US funds have experienced net outflows, with a total outflow of less than 100 BTC. BlackRock's over 600 Bitcoin coins were already the institution with the highest net inflow yesterday, and today the price of BTC is expected to hit $110000 again. It is estimated that the purchasing power of spot ETFs will rise again today. Data address: https://docs. (google.com)/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit? usp=sharing