Although there was a price pullback on Tuesday, the data for the $BTC spot ETF is still good. Of course, BlackRock is the main contributor, maintaining a net inflow of over 3,000 Bitcoin, while other data can be ignored. Additionally, Fidelity and ARK experienced slight outflows, which shows that even ETF investors are accustomed to chasing highs and cutting losses.
Overall, the decline yesterday was due to the selling by ancient whales and the failure of the cryptocurrency bill to pass. However, from the performance of spot ETF investors, it seems the impact is not significant, as most investors are maintaining a stable sentiment, even though the outflow amount is very small.
Data link: https://docs.google.com/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit?usp=sharing
This article is sponsored by #Bitget | @Bitget_zh
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