I just saw a statistic that the German government sold BTC and received about 3 billion dollars. In 2023, the German government's revenue is about 440 billion euros (data source gpt4.0), which means that it is not even 1%. The concrete expression is like you go to Xianyu to deal with your idleness every other year.
But this 1% made the currency circle live and die for a month (it may also be that everyone likes to find reasons for the decline). Therefore, even if BTC is listed on the ETF and brings incremental funds, it is still too fragile. People in the circle have been climaxing for a long time, but the recognition of traditional funds is still limited. But in reverse, once BTC becomes more and more recognized, the wealth benefits it brings will also get better and better. So the dividend is still there, and you have to long your own industry. It is a miracle that it can develop into this in 15 years. #美国6月CPI大幅降温 #BTC下跌分析