Opinion: The net outflow of BTC spot ETFs has continued for nearly a week, and purchasing power is expected to continue to decrease until late August
Deribit's Asia-Pacific Business Head, Sister Lin, stated on social media that the net outflow of BTC spot ETFs has continued over the past week, reaching a total of 877.9 million US dollars (with June 19 being a holiday). The market has recently entered an adjustment phase and many traders are expected to go on summer vacation and relax, which may continue to reduce purchasing power until late August.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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