Phyrex
Phyrex|May 14, 2025 16:43
Although the data of BTC spot ETF was not very good on Monday, at least BlackRock investors increased their holdings net. However, by Tuesday, not only did they continue to maintain net outflows, but BlackRock investors also did not buy, and even the entire US spot ETF institutions did not buy, continuing to split from BTC spot trading. Traditional investors still showed no signs of large-scale buying of BTC, and the rise of US stocks also began to slow down. From the current situation, although the spot price of Bitcoin remains above $103000, both trading volume and purchasing power have decreased, and the market is still waiting for further positive news to stimulate an increase in purchasing power. However, although purchasing power is not good, selling pressure is also very low, and most investors still maintain a wait-and-see attitude. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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