On Monday, the data for the $BTC spot ETF was barely acceptable. Although there were continuous breakthroughs to new highs over the weekend, some profit-taking investors chose to exit after the market opened on Monday. Aside from BlackRock, which saw a net inflow of over 3,000 Bitcoins, Fidelity and ARK investors, who are more sensitive to short-term prices, reduced their holdings, while other data can be ignored.

From a bird's-eye view, Bitcoin experienced a decline on Tuesday due to ancient whales and the obstruction of cryptocurrency legislation. It is estimated that the data for Tuesday will not be very good, but from the perspective of investor sentiment, the reaction during U.S. hours was not very intense; we will have to see the reaction during Asian hours.

Data address: https://docs.google.com/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit?usp=sharing

This article is sponsored by #Bitget ｜ @Bitget_zh

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