Last Friday, only three of the twelve US#BTCspot ETF institutions had zero net outflows, and only Grayscale's GBTC had a net outflow. The other eight institutions all had net increases, and BlackRock, Fidelity and ARK increased their holdings by 6,648 BTC, of which ARK increased its holdings by 3,085 BTC.
Even if there was an outflow from Grayscale, the net outflow was only 84 BTC. In the past week, Grayscale's net outflow was only 386.37 BTC, which has been such a small number for two consecutive weeks, indicating that Grayscale's BTC selling has basically ended.
In the past week, US institutions have increased their net holdings by a total of 16,596.26 BTC, which is 275% higher than last Monday, and#ETHhas also increased significantly. Therefore, we can temporarily judge that US investors are likely to increase their risk appetite due to the interest rate cut, and have increased their investment in BTC and ETH. Of course, another key data this week is Friday's non-agricultural data, which may strengthen the soft landing or trading recession.
