Recently, things have been so unexpected. Thursday's BTC performance was still decent. I thought even if the data wasn’t great, at least it should be net inflow, right? Plus, Fidelity, which usually chases highs and sells lows, should have had decent inflow volume. But in reality, BlackRock didn’t even hit four digits, and Fidelity didn’t even reach three digits. Honestly, it’s not looking good. That said, even though it’s net outflow, the data is still quite small—only a little over 200 Bitcoin. The impact on the spot price is very limited, and you can tell that even when the spot price rises, it’s hard to trigger FOMO anymore. Sponsored by Bitget ｜ @Bitget_zh