The BTC spot ETF on Wednesday was also not very good, with a net outflow for the third consecutive day. Even though BlackRock's investors had an inflow of over 1200 Bitcoin, they were defeated by Fidelity's outflow of nearly 2000 BTC. Of course, except for Fidelity's slightly higher outflow, data from other institutions can also be ignored. Although there have been outflows in the past two days, the amount of outflows is not significant and should be at a relatively normal level. Some investors have already lifted their FOMO status, but there has not been a significant sell-off, mainly maintaining a wait-and-see attitude. Data address: https://docs. (google.com)/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit? usp=sharing This article is sponsored by Bitget | @ Bitgetzh