Let's not talk about today for now.

CN
Phyrex
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3 hours ago

Not to mention today, last Friday the performance of the $BTC spot ETF was not very good. Just two days of net inflow from BlackRock saw a net outflow again on Friday, and the outflow amount was the highest. After looking at a lot of data, BlackRock's $IBIT has seen a significant outflow of funds into the US stock market during this period. However, even so, BlackRock still controls 776,475 Bitcoins, and IBIT is currently BlackRock's main source of income.

Overall, although the price trend is not good, the actual portion willing to sell from the ETF is still small. More ETF investors hold for a year or more, so the impact of ETFs on spot prices is very limited in most cases.

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