#BTCETF 27th January Position Analysis:
1. On the last day of last week, Grayscale still sold 9,932 $BTC net, it seems that the redemption demand of GBTC's major clients is still ongoing.
2. Other ETF funds basically did not make any moves, it seems that when the currency price rises, these funds will not buy the bottom. Instead, wait for the decline to buy in batches.
3. Overall, the 10 ETF funds are still in a net selling state compared with the previous working day, and the decline will continue.