Don't just stare at the net outflows of the past few days and call for short selling. Look at the overall net inflows before you speak! The net inflows of $14.5 billion are all brought by professional ETF institutions. Remember, they are not here to take over and then be slaughtered! The big ones are coming!
The cumulative net inflow of US Bitcoin spot ETFs reached $14.562 billion
On June 23, according to Farside Investors, the US Bitcoin spot ETF has accumulated a net inflow of $14.562 billion since its launch. Among them:
BlackRock IBIT has a cumulative net inflow of $17.643 billion;
Fidelity FBTC has a cumulative net inflow of $9.152 billion;
Grayscale GBTC has a cumulative net outflow of $18.36 billion.