Yesterday, I said not to get too excited just yet—it might just be a pump and dump, and it turns out that's probably the case. By Tuesday, the BTC spot ETF data had already started shrinking. On Monday, Fidelity investors were still seeing significant inflows, but today, outflows are 1.5x that amount. BlackRock investors, who had the largest inflows yesterday, are now left with only 2/3 of the funds. From a bird's-eye view, Bitcoin's price has dropped back to around $90,000 today, and I estimate the ETF data will look even worse. This shows that traditional investors still aren't embracing crypto. Like I said over the weekend, the probability of a pullback after an event-driven rally is much higher. @bitget VIP, lower fees, crazier perks!