Bitcoin spot ETF today experienced a net outflow, with the market awaiting final data before the year's end. Despite a price increase, it remains stable around $95,000. The US spot ETF saw a total outflow of 2,991 bitcoins, with BlackRock and Fidelity each experiencing outflows of nearly 400 and over 1,600 respectively, while Grayscale and VanEck combined saw an inflow of only 42.
The significant outflow has raised concerns among investors about whether the BTC bull market has peaked. However, the Bitcoin held in the US remains high at 1,127,442 coins, close to peak levels, indicating overall investor optimism.
The performance of Bitcoin will be influenced by the US economy and Trump's support for cryptocurrencies; market sentiment may reignite during the power transition, leading to a FOMO craze. The future performance of Bitcoin is worth looking forward to.
