Grayscale's spot Bitcoin ETF GBTC received an inflow of $3.9 million yesterday, the second consecutive day of inflow. Since the Bitcoin ETF was approved in January, Grayscale has been experiencing a net outflow, but has started to see a net inflow in the past two days, indicating that

1. The demand for Bitcoin ETF is very strong

2. It indirectly reflects the optimism about the future of Bitcoin

The Federal Reserve said it would cut interest rates twice this year, which will definitely allow more traditional financial funds to flow into the currency circle and bring new impetus to the crypto market. Before the interest rate cut, there is a high probability of speculation, which means that more funds will enter the market. Don't forget that the cost of ETF is only about $50,000, and the cost of miners is also at this price, so multiple logics give us reason to continue to be bullish

4. In the US presidential election, Kennedy said in the final that if he was elected, he would invest the entire US budget in the blockchain field and draw a big blueprint for the future of cryptocurrency.