No surprise.

CN
Phyrex
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3 hours ago

No surprises here, the data for Tuesday's spot ETF is a complete mess, which was expected. A few days ago, we discussed how many traditional investors in the ETF space are still engaging in speculative behavior, not because they are optimistic about the future of $BTC, but purely because they believe it will rise. Therefore, when prices fall, these investors are willing to take losses and exit the market.

However, from a god's-eye view, we all know that at 3:27 AM, Trump announced the suspension of tariffs related to Greenland, leading to a rebound in risk assets. Both the US stock market and Bitcoin responded positively, so the data for Wednesday shouldn't be that bad. But still, these investors are chasing highs and cutting losses.

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