Regarding ETFs, on July 12, the US spot Bitcoin ETF had a net inflow of $312 million, of which GBTC had a net inflow of $23 million, IBIT had a net inflow of $120 million, and FBTC had a net inflow of $115 million. US ETFs have had net inflows for six consecutive trading days. Judging from the trend, the amount of inflows increased significantly after the release of CPI data.