On Friday, spot ETF institutions had already shown some signs of selling. At this time, Trump's tariffs on Greenland had not yet appeared, and the market selling should be based on the sluggish rise of BTC prices. Unexpectedly, Trump's tariff attack came out one day later, and then it did not open on Monday. It is estimated that the data of spot ETF on Tuesday would be ugly. So overall, it's not that investors have started to shift their risk appetite, but rather the expectation of a rise in Bitcoin prices. When the expectation ends, there will be a significant sell-off. However, in the 105th week, US spot ETF institutions still had a net inflow of 15229 BTC, which is much better than the net sale of 7445 BTC in the 104th week. Unfortunately, there was still a chance to maintain high buying for a period of time, but now it is starting to fall back to its original form. @bitget VIP， Lower rates and more generous benefits