Phyrex
Phyrex|May 05, 2025 19:45
Last Friday, as expected, investors in Bitcoin spot ETFs continued their buying trend. After all, the price has risen well, and as we all know for such a long time, even ETF investors have been chasing after the rise and killing the fall. When the price rises, they buy in large quantities, and when it falls, some investors panic and sell. Investors in BlackRock are like this, let alone other institutions. However, what's amazing about Friday is that none of the spot ETF institutions had a net outflow, either zero or net inflow. BlackRock's investors all received over 6000 BTC, which is the 14th consecutive working day of continued buying. The other three institutions only bought in triple digits, which is not worth mentioning. BlackRock's investors are still very loyal. Although the purchasing power is good, the net purchasing power of US investors in week 68 has decreased by about 40% compared to week 67. Investors' FOMO sentiment has clearly fallen, and although there is no bearish sentiment, prices may temporarily remain volatile. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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