Odaily Planet Daily News Matrixport released its latest weekly report indicating that Bitcoin ETFs have cumulatively attracted over $45 billion in inflows, with stable corporate allocation demand and continued institutional interest. However, despite the strong capital inflow into ETFs, there still exists a hidden selling pressure risk in the market, especially when Bitcoin prices approach the average cost of retail investors' holdings over the past year (around $45,000), where potential selling pressure may emerge and pose certain resistance to the upward momentum. The report also noted that some funds have been in a state of loss since their inflow into Bitcoin ETFs in Q2 2024, and the market structure may continue to adjust in the short term, depending on whether Bitcoin can break through the existing range and lead to a new round of capital entry.