I originally thought that the $BTC spot ETF on Friday wouldn't be very good.

CN
Phyrex
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3 hours ago

I originally thought that the $BTC spot ETF on Friday would not be too good, after all, the announcement of Trump's tariff being illegal came just before the market closed, so ETF users should continue to watch coldly, but from the data, on Friday, investors from BlackRock and Fidelity still had a net inflow of more than 1,000 Bitcoins, although not much, it was also the only net inflow of US institutions during the week.

In addition, I have been saying that the sell-off of the ETF is decreasing, and indeed it is so. In the past four weeks, the sell-off of the BTC spot ETF decreased from 17,643 coins to 6,398 coins, then to 5,441 coins, and finally to the recently ended 4,651 coins. This also indicates that at least the holders of the BTC ETF are gradually losing interest in selling, and the willingness to sell is getting less and less.

This still has to be said in the context of continuously falling prices; traditional investors, although still uninterested in buying, have even less interest in selling.

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