Compared to the relatively good ETH data, BTC data can be described as a step up. In the last trading day, although an incident in South Korea caused BTC prices to suddenly plummet, it has maintained a slight oscillation trend since then. However, the purchasing power of the #BTC spot ETF has reached its highest point in nearly a week.

A net inflow of 6,585 BTC has been recorded in twelve US ETFs, with BlackRock alone contributing 7,257 BTC, followed by Fidelity with over 500 BTC inflow. On the outflow side, ARK, GBTC, and VanEck collectively contributed 1,394 BTC, indicating overall positive buying sentiment. Moreover, the sell-off has not shown a panic trend despite the price drop.

Currently, the purchasing channels for BTC and #ETH are almost identical, with BlackRock and Fidelity in a competitive race, while other institutions do not seem to have strong follow-through intentions. However, from the data perspective, although there is no amplification of purchasing power, the selling aspect remains relatively cautious, indicating that more investors are still optimistic about BTC's upcoming response. $BTC $BTC $ETH