Yesterday, I originally wanted to write about the BTC spot ETF data, but I ended up missing a lot of information. Today, I finally gathered everything, but BlackRock's website is still not fixed, and Fidelity still has last Friday's data. Both of these are derived from funding data. 2024 is almost over, and my vacation is also coming to an end. To be honest, saying it's a vacation is the most exhausting part. After spending time with the kids and then with my parents, I've changed locations four or five times in just a few days. Fortunately, it's almost over.

Regarding the ETH data, I mentioned that the #BTC data is quite poor. On Friday, there was a net outflow of 3,113 BTC, with less than 900 BTC inflow from BlackRock, less than 100 BTC inflow from Grayscale's Mini ETF, and 11 BTC inflow from Invesco. That's all there is; the rest are either zero or net outflows, especially from Fidelity, which saw an outflow of over 2,200 BTC.

Let’s finish discussing the data. In the data for week fifty, the net outflow of the US spot ETF was 4,441.53 BTC. It may not seem like a lot, but this is the highest single-week outflow in the last fourteen weeks. One can imagine how poor the current sentiment is. However, it must be said that week fifty itself was affected by Powell cooling the market, and then there was Christmas, so it's normal for the sentiment to be a bit low.

Not only in week fifty, but I believe this week, which is week fifty-one, will also likely show poor data, as we are still in a liquidity downturn. It will probably take until next week to see any improvement. Not only is the US data poor, but the data from other countries in the statistics is also a mess. Although ETF data does not equate to price changes, it does represent user sentiment.

Currently, investor sentiment remains in a depressed phase following the FOMO explanation, and what is needed is a direct positive stimulus. But does the entire market look bearish? There are currently no sufficient signs of that. Let's first observe the market trend after today's opening; it is likely to maintain a fluctuating trend unless there is new positive or negative information.

The data has been updated, address: https://docs.google.com/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit?usp=sharing

Weekly data: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing

This post is sponsored by @ApeXProtocolCN | Dex With ApeX

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。