I don't need to tell you about the data of BTC spot ETF last Friday. You can guess most of it. It is indeed the day with the lowest amount of funds in the working week. The net outflow is also the highest day in the week, with a net outflow of 3,280 #BTC. On this day, among the 11 spot ETFs still in operation in the United States, only BlackRock has a positive inflow, and it only has an inflow of 23 BTC.

Except for BlackRock, there is either a net outflow or zero inflow, which shows the current sentiment of American investors. With the Fed's expectation of only one rate cut, investor sentiment is starting to decline again, that is, BTC and#ETHare still slightly better, and other ALTs are having a harder time. Back to the data of spot ETFs, in the past week, the global spot ETFs outflowed 7,489 BTC, the United States had a net outflow of 7,749 BTC, and Hong Kong had a net outflow of 19.28 BTC. From the overall outflow situation, the outflow from the United States accounted for the largest part. Under this continuous large-scale outflow, the total net inflow of global spot ETFs has been less than 600,000 BTC.

In the past week, the largest outflow was from GBTC, with a total outflow of 3,849 BTC in five working days, followed by Fidelity, with a total outflow of 2,230 BTC in five working days. Even BlackRock only had an inflow of 615 BTC. The largest inflow in the entire range was Canada's Evolve Bitcoin ETF, with a total inflow of 972 BTC. So from the current data, the overall investment sentiment is not high. Unless there is macro-favorable information support, this situation may continue for some time.