On Wednesday, the data of BTC spot ETF significantly shrank, probably due to investors' concerns about hedging during the interest rate meeting and the Federal Reserve's interest rate regulation. Yesterday's net inflow was only in double digits, and BlackRock investors bought less than 300 Bitcoin. Now the overall market sentiment is once again low. Although the price is relatively stable, positive news is still needed to drive investor sentiment. Although ETF data cannot equal the price of BTC, ETFs are a very good emotional indicator that reflects the enthusiasm of traditional American investors for BTC. The current decline in the purchasing power of ETFs may cause an increase in the amplitude of BTC prices and may indicate a decrease in the amount of funds. Data address: https://docs. (google.com)/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit? usp=sharing This article is sponsored by Bitget | @ Bitgetzh