📉 Bitcoin took a 6.7% dip, puzzling investors as recent inflows into Bitcoin ETFs haven't sparked bullish sentiment. Meanwhile, the U.S. spot Bitcoin ETF market has exceeded $50 billion! But, Bitcoin's withdrawal from exchanges is at its lowest since 2018. Could the selling pressure be from regular spot markets? The Mt. Gox saga might be a clue. The bankrupt Japanese exchange moved 141,686 BTC, hinting at asset distribution to creditors. Despite the short-term price impact, this could remove associated uncertainty. Regulatory uncertainty in the U.S. and anti-crypto lobby also play a role. So, will spot ETF investors hold their ground? Stay tuned! 🍿