In the afternoon, we looked at the data of#ETHspot ETF in the past 24 hours, and concluded that except for BlackRock, the purchasing power of other funds has not changed much. BlackRock is still the focus of purchase, of course, this focus is relative.
In the last trading day, BlackRock increased its net holdings by 409 #BTC, which is the largest increase. Then Grayscale's MineETF $BTC increased its holdings by 276 BTC, which is all the increase. The other four reduced their holdings by 1,455 BTC, and six were zero. This is all the data. In the past 24 hours, the twelve spot ETFs in the United States have outflowed a total of 770 BTC.
In addition to the United States, in the past four days of this week, Hong Kong, Canada and Germany have all shown signs of reduction, especially Canada, which outflowed 601 BTC yesterday.
It is very obvious that the purchasing power of BTC spot ETFs is continuing to decline, but there is no large-scale selling by users. In other words, everyone does not want to buy, but they don't want to sell yet.
