Recently, traditional investors have indeed slowed down their investments. Both BTC and ETH are facing similar issues. According to last week's data, the ETF primary market has been in a selling state for several consecutive working days, although the selling volume isn't very high. However, looking at the detailed data, it turns out that BlackRock investors have been leading the sell-off in recent days. Historically, BlackRock investors are known to be long-term holders, so this situation might indicate that some users are shifting from the crypto market to the U.S. stock market. Sponsored by @Bitget｜Save the most on fees, grab the best rewards, and become a VIP only on Bitget.