On Wednesday, BTC spot ETFs still saw positive inflows, but the inflow volume significantly decreased. This is likely related to Bitcoin experiencing a temporary pullback. As mentioned before, investors buying BTC might not necessarily be optimistic about BTC's trend but rather believe that the end of the U.S.-Iran conflict could help Bitcoin's price rebound. So, once they think this rebound has peaked, their buying enthusiasm might decrease. Of course, we can’t be 100% sure that the pullback in BTC is the cause, but from a bird’s-eye view, we know that by Thursday night, Bitcoin had dropped below $80,000, and the U.S. stock market also saw a pullback. So, if Friday’s data shows a similar trend, it’s likely that traditional investors are chasing highs and selling lows. Bitget is here, and it’s VIP all the way! Crypto, U.S. stocks, CFDs—get ahead globally with one-stop planning.