Phyrex
Phyrex|Nov 07, 2025 19:38
Seeing today's data, I suddenly felt a bit dazed—I actually forgot whether BTC's price went up or down yesterday. The spot ETF finally saw a long-awaited net inflow, and the inflow exceeded 2,000 BTC, which is quite significant. Especially in recent days, BlackRock investors, who had been leading the sell-off, have started ramping up their buying again. Yesterday, they were once again the institution with the strongest purchasing power. And it's not just BlackRock—six spot ETF institutions in total showed net inflows. It's understandable for multiple institutions to buy during an uptrend, but it's pretty rare to see several institutions buying simultaneously during a downtrend. Let's observe a bit more and see what happens. Sponsored by @Bitget|Save the most on fees, grab the best rewards, become a VIP—head to Bitget!
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