
Phyrex|Jul 25, 2025 19:28
The BTC spot ETF on Thursday improved a lot, mainly because the price of Bitcoin was relatively stable at that time. However, this improvement was only due to a small amount of net outflow turning into a small amount of net inflow, with only over 1500 BTC. Even the main inflow was not from BlackRock, but from Fidelity, a three digit company, with a decrease in selling.
As we have been saying recently, the stability of BTC prices is not due to a significant increase in purchasing power, but rather to a decrease in selling. Therefore, once there is a sell-off like the ancient whale, the price will be lowered. Although it is not a fundamental problem, it will also drive panic among some investors. It is estimated that the ETF data on Friday will not be very good.
Data address: https://docs. (google.com)/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit? usp=sharing
This article is sponsored by Bitget | @ Bitgetzh
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