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

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