Yesterday, the net inflow amount of the spot BTC ETF reached a new high in nearly a week! Significant capital inflows into the spot BTC ETF (exchange-traded fund) usually indicate an increase in investor demand for Bitcoin (BTC). This could drive up the price of Bitcoin.

Note: An ETF is an investment fund that is listed on an exchange, allowing investors to trade Bitcoin like stocks without directly buying and storing the cryptocurrency. This convenience may attract more investors into the market, thereby increasing the demand for Bitcoin.