In the past month, the spot ETFs of Auntie have seen net inflows every day, which should normally mean that prices should rise accordingly—

but the reality is: the prices have barely moved and even dropped several times.

This can only lead to two explanations:

1️⃣ Either the data is highly inflated, and there isn't as much real money flowing in;

2️⃣ Or there are large investors/retail investors continuously selling, offsetting the buying pressure on the ETFs.

Regardless of which it is, this is not normal.

Don't be fooled by the appearance of "institutions are buying"; caution is still warranted when it is necessary. $ETH $BTC #Solana现货ETF竞赛 #加密市场反弹