Phyrex
Phyrex|Mar 31, 2025 16:11
The buying trend of Bitcoin spot ETFs was still good from Monday to Thursday, but it reversed on Friday. Fidelity investors who bought 1113 BTC on Thursday sold the same 1113 BTC on Friday, and not only Fidelity, but also BlackRock investors who brought in buyers last week did not continue to buy on Friday. Friday was the only day with a net outflow of US spot ETFs for the week. Although the overall purchasing intention of American investors in week 63 was still good, it decreased by 82% compared to week 62. The total net increase in holdings of American investors has significantly decreased, and it cannot be ruled out that some investors chose to hedge on Monday based on the situation on Friday. Monday's BTC had been in a downward trend of shock before 18:00 Beijing time, almost falling below $81000, and began to rebound after 18:00. The time of reversal coincided with the time when the media announced that the son of US President Trump officially entered Bitcoin mining. It cannot be ruled out that this news has stimulated the rise of BTC prices. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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