As expected.

CN
Phyrex
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8 hours ago

As expected, with the rise in $BTC prices, investors' buying sentiment has begun to improve, but the increase is still very limited. This issue has been mentioned many times; I don't know why traditional investors' buying volume in ETFs has visibly shrunk in the past quarter. Yesterday, only BlackRock's buying volume exceeded four digits, almost five times ahead of the second place, Fidelity.

However, the advantage in the past two days is that it is clear to see that investors' selling sentiment has decreased significantly. Today, all U.S. ETF institutions experienced zero net outflows. Although investors' buying sentiment is poor, the selling sentiment is even lower. This should also be one of the reasons why Bitcoin prices remain relatively strong.

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