The data of BTC spot ETF on Monday is still not good. Although it is still a net inflow, only BlackRock has a relatively large inflow, which is more than 3700 coins. The other inflows can be ignored. However, when it comes to outflows, both Grayscale and ARK have exceeded three digits. Overall, it is consistent with the recent discussion that traditional American investors' enthusiasm for cryptocurrencies and even Bitcoin is declining. Moreover, not only the data from spot ETFs, but also from Binance and Coinbase, it can be seen that the trading volume of BTC is on a downward trend. The main reason for maintaining the price at a high point is not due to a significant increase in purchasing power, but rather because there are fewer investors willing to sell. Therefore, once systemic risks arise, there may be greater pressure on BTC prices. From a general perspective, the correlation between BTC and the US stock market is still high, and the recent trend of the US stock market is not very friendly. Let's see if Nvidia's financial report can boost market sentiment. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex