Last Friday, the buying volume of BTC spot ETF was still good, after all, the price was also good, which once again shows that some ETF investors are no different from most retail investors, chasing after the rise and killing the fall. On Friday, the net buying of US investors was the second highest of the week, second only to last Monday, and the main buying force was still BlackRock. This is also BlackRock's 19th consecutive working day of net buying. In addition to BlackRock, there are also investors from Fidelity who are buying, but the buying volume is relatively small. Among the spot ETF institutions, only Grayscale and Bitwise have a small outflow, while the rest are zero. Investors from BlackRock and Fidelity are also experiencing slight FOMO sentiment. Although the price of Bitcoin rose well last week (week 69), the actual net buying was only half of week 68. This means that although the price increased, the purchasing power of ETFs continued to decline, indicating that more investors do not see this as a reversal. On the contrary, more people are still in a wait-and-see state. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex