Tuesday's spot ETF data is still not optimistic. From a funding perspective, traditional investors don't seem to believe BTC will have strong growth ahead, so purchasing power remains low. However, most holders haven't exited. On one hand, this reflects the characteristics of ETF investors, who rarely trade short-term. On the other hand, it shows that most investors are still optimistic about Bitcoin's long-term development. Sponsored by Bitget ｜ @Bitget_zh