Friday's spot ETF data was pretty much expected. Some investors had already exited before BTC's price crashed. However, on Monday, Bitcoin's price saw a slight rebound and almost touched the average holding price of the ETF. Tomorrow's data shouldn't look too bad. Looking at the weekly data, in the just-ended 107th week, U.S. investors reduced their holdings by 17,643 BTC, which is not much different from the 15,276 BTC reduced in the 106th week. Both figures reflect the lack of confidence traditional investors have in cryptocurrencies. @bitget VIP, lower fees, bigger perks!