Last week, the total net inflow of Bitcoin ETFs was 463 million USD, of which BlackRock's IBIT had a net inflow of 1.452 billion, while other ETFs experienced outflows. Among several interesting points, the strongest player, BlackRock, also started to see outflows last Friday, which I believe was one of the main driving factors behind Friday's sell-off... As Christmas approaches, there is a demand for capital recovery in Europe and the United States, and it is expected that ETFs will find it difficult to perform brilliantly at least until before the holiday... This point has been mentioned multiple times last week...