Yesterday, those who needed to hedge had mostly done so. Today, under several tweets from Nick, the direction of the Federal Reserve has almost been outlined, especially the potential adjustments regarding the tapering, which have led many investors to believe that at least short-term benefits can be seen. Therefore, on Tuesday, many investors began to buy Bitcoin spot ETFs, marking the second consecutive day of net inflows from American investors.
Notably, BlackRock's investors purchased 2,660 $BTC, and it has been over a month since we saw such a four-digit purchase from BlackRock, which is quite significant. However, apart from BlackRock, there haven't been other institutions making large purchases; most investors are still taking a wait-and-see approach.
The data has been updated, address: https://docs.google.com/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit?usp=sharing
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