According to ChainCatcher, Ki Young Ju, founder and CEO of CryptoQuant, pointed out on the X platform that the weekly net flow of BlackRock IBIT was negative for the first time in three months. This phenomenon may indicate a temporary slowdown in the continued purchase of Bitcoin spot ETFs. Market observers will closely monitor this trend to determine its potential impact on overall market sentiment and price trends. Nevertheless, there is no clear indication that this change will have a significant impact on the long-term value of Bitcoin, and investors need to remain vigilant and continue to pay attention to further developments in on-chain data.