
Phyrex|Jul 28, 2025 15:50
Last Friday, the data of BTC spot ETF was still mediocre. Although it was a net inflow, the inflow was less than 1900 units, especially for BlackRock investors who only bought in three digits, which was already the top spot in the market. The FOMO sentiment of investors is still not obvious. Of course, Friday was mainly due to the problem of the ancient whale, which led to the decline of Bitcoin price. This week, there are a lot of macro data, let's take a look after this week.
This is already the 80th week since the birth of BTC spot ETFs. As there were net outflows on three working days this week, the purchasing power of net inflows is much different from that of the 79th week. The actual purchasing power of US investors is less than three digits of BTC, but there is no data on selling.
So the main reason why BTC is still at a high level is that investors who are selling are still at a low level.
Data address: https://docs. (google.com)/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit? usp=sharing
This article is sponsored by Bitget | @ Bitgetzh
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