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Last Friday, American investors had a very slight net outflow regarding the $BTC spot ETF.

CN
Phyrex
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4 hours ago
AI summarizes in 5 seconds.

Last Friday, American investors had a very slight net outflow from the $BTC spot ETF, only in double digits, which is not a big issue. As I have always said, traditional investors do not have a very FOMO perspective on Bitcoin, especially new investors who are more inclined to chase highs and sell on dips, focusing on short-term strategies. They might buy when the expectations are good, but once there is price volatility or the expectations are not very positive, they will sell.

This is very normal for the current situation, as the conflict between Iran and the United States is only a small part of the current market factors. Therefore, from the recently concluded data of Week 119, it can be seen that American investors net bought 10,956 Bitcoins during the week, which is about a 15% decrease compared to the 12,598 coins of Week 118, indicating that investor buying sentiment is constrained without new positive developments.

This also illustrates that the current situation resembles a rebound rather than a reversal.

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Selected Articles by Phyrex

2 hours ago
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