Although the price of BTC was not very good on Wednesday, spot ETFs still had a net inflow, mainly because BlackRock investors bought nearly 4500 Bitcoin. Excluding BlackRock, there is still a net outflow. Although the outflow is not significant, it still indicates that more traditional investors' interest in the cryptocurrency field is decreasing. We have talked about this topic for a long time, although it does not necessarily mean that the price of Bitcoin will fall, nor can it be said that the decline in BTC price is due to ETF investors. However, compared to the end of 2024, the purchasing power at this time is much lower. As mentioned in the weekly report, the current stability of prices is not due to strong purchasing power, but rather because there are not many investors selling. However, once selling increases and purchasing power cannot rise, it may cause price fluctuations and declines. The market is not without positive news, but these news cannot be replaced by purchasing power. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex