ETF Trend Reversal! Bitcoin Bleeding, Altcoins Attracting Funds, Are Institutions Quietly Changing Their Strategies?
On May 30, the ETF fund flow was shocking:
Approximately 5,840 Bitcoins were sold,
resulting in a net outflow of 616.1 million USD,
which is a rare large-scale withdrawal in recent weeks. Are institutions losing interest?
But on the other hand——
Altcoins' popularity soared!
Gaining 26,690 coins,
net inflow of 70.2 million USD,
it seems like a bet on the approval expectations for spot ETFs + a new round of asset allocation.