On Monday, the data for the BTC spot ETF looked pretty good, but the main buying power still came from BlackRock investors. There hasn’t been much change among other institutional investors. The buying volume from BlackRock investors has been quite balanced over the past few days, which shows that BlackRock investors remain optimistic about Bitcoin’s future. In recent days, the U.S.-Iran negotiations have been the main focus. Market fluctuations are still influenced by the outcome of the talks. Whenever there’s news that the negotiations aren’t going well, WTI tends to rise, and the corresponding risk markets might see a drop. If a drop happens, it could potentially create opportunities in the spot ETF market. Bitget VIP—lower fees, bigger perks!