[CryptoQuant Founder: Bitcoin ETF Net Inflows Near Zero This Year, Selling Pressure May Have Been Mostly Released] According to DeepFlow TechFlow, on October 29th, Ki Young Ju, founder of CryptoQuant, stated that net inflows into Bitcoin ETFs have been near zero this year, yet the price of BTC has only fallen by about 7%. With limited ETF demand and relatively stable prices, the likelihood of large-scale selling by early holders or miners is low, and some investors who intended to sell may have already completed their reductions. He predicts that Bitcoin's upward momentum may resume after the uncertainty surrounding the US midterm elections subsides and ETF funds return to the market.