What a pity, on Tuesday the BTC spot ETF data was looking pretty good. Thought everyone would have some money by the end of the year to keep FOMO-ing, but on the last day, it still turned into net outflows. BlackRock, Fidelity, and ARK had the most inflows on Tuesday, but by Wednesday, they all turned into net outflows. That said, throughout 2025, all U.S. institutions still had a net inflow of 104,847 Bitcoin, which is roughly 8% of the total holdings of U.S. institutions. This data shows that while investors' confidence in crypto is lacking at the end of the year, there are still many traditional investors staying on the sidelines. @bitget VIP, lower fees, crazier perks