
Phyrex|Jun 05, 2025 18:48
The data of BTC spot ETF on Wednesday still showed little change, although it was a net inflow, the quantity was still low. BlackRock investors bought more than 2700 Bitcoin, and Fidelity investors sold more than 1800 BTC, which was the biggest game on Wednesday. The buying and selling volume of other institutions can be ignored. The data of spot ETF once again indicates that traditional investors' interest in BTC spot ETF is decreasing.
From the perspective of trading volume, yesterday's trading volume was almost the lowest point of a working day in the past year. Not only traditional investors, but also investors in cryptocurrencies themselves have low interest in buying and selling. This may be one of the reasons why today's positive news but the price increase is still weak.
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