Although BTC began to rebound today, the data for yesterday's BTC spot ETF was not good. Although BlackRock had a significant increase in ETH, there was no increase in BTC, and only two ETFs had increases yesterday. One was Grayscale's Mini ETF with an increase of only 4 BTC, and the other was Bitwise, which increased by only 71 BTC, while the others either had zero or net outflows.
Among them, four ETFs had net outflows, totaling 2,922 BTC, while the others had zero. As we mentioned before, spot ETFs do not represent price fluctuations but rather the sentiment of American investors. It is clear that the sentiment among American investors is no longer very strong.
Of course, the data is from the previous day, so it reflects the sentiment from the day before. Therefore, even though today is performing well, it is very likely that today's data will also be good. It seems that not only BTC is rising today, but even $MSTR is performing well.
Data has been updated, address: https://docs.google.com/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit?usp=sharing
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