On Tuesday, the sell-off of the bitcoin:native spot ETF was much better than I expected. The biggest drop happened on Tuesday when Bitcoin's price fell directly from $71,000 to $66,000. Traditional investors' sell-off wasn’t that intense, even lower than Monday. Of course, not sure if it’s just a delayed reaction—let’s observe for another day before jumping to conclusions. If the data this week shows that traditional investors’ sell-off remains at this level, it indicates that investor sentiment is still decent. The reason BlackRock had the largest sell-off is mainly because their holdings are so massive, but in reality, the daily exit proportion isn’t that high. Of course, waiting another two days will make things more solid. In the meantime, you might consider dual-currency investments. Bitget is here, and it’s VIP all the way! Crypto, U.S. stocks, CFDs—global opportunities, all in one place.