The data on Friday was really good, as the US Bitcoin spot ETF had a net inflow of over 8,000 $BTC. The last time it reached this level was on January 14 this year. Three months have passed, and investors have bought a large amount of BTC again, which is a good sign of confidence for the market, and the trading volume is also increasing. Next, it will depend on how long this sentiment can be maintained.
In the past 118 weeks, US investors have purchased a total of 12,598 BTC, which is about a 10% increase compared to the 11,316 BTC of the 117th week. The ceasefire between the US and Iran is the main contributing factor.
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