Yesterday (July 16, Eastern Time), the total net inflow of the U.S. Bitcoin spot ETF was $423 million, which was the eighth consecutive day of net inflow.
As of press time, the total net asset value of the Bitcoin spot ETF was $58.462 billion, and its net asset ratio (market value compared to the total market value of Bitcoin) was only 4.58%.
Next, the approval of the Ethereum spot ETF will inevitably be accompanied by capital inflows. Let's take a look at the MT.Gox incident that you call the century compensation. What kind of selling pressure can still make you panic for so long? It's really a bit ridiculous.
