In the last three working days, the funds of $BTC ETF have been consistently flowing out, and the speed of outflow is accelerating. Especially BlackRock, which has reduced its holdings by nearly 2,000 bitcoins, marking their largest single-day reduction in history. Fidelity, ARK, Grayscale, and Invesco are also reducing their Bitcoin holdings. Except for Bitwise, which increased its holdings by 87 bitcoins, the other seven companies are all reducing their holdings. Although the Bitcoin price saw a rebound during Christmas, it seems that the panic sentiment among American investors has not yet ended.

Next, we can only wait until tomorrow to see the data and whether the sentiment has improved. However, judging from the volatility of the Bitcoin price, the situation may not be very optimistic.