It is understandable that the $BTC spot ETF has maintained a good net inflow on Wednesday, after all, the price of Bitcoin has hit a recent high. However, from a broader perspective, there was a decline on Thursday due to the uncertainty between the United States and Iran. In such circumstances, if the spot ETF can still maintain a net inflow, it would indicate that investors' preference for BTC is beginning to increase.
However, it can indeed be confirmed that over such a long period, the number of investors with a long-term goal of investing in BTC is increasing, and more traditional investors do not have much interest in short-term price trends.
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