$BTC The rise of AI drives capital flow into US stocks, impacting cryptocurrency markets

According to Odaily, Du Jun recently commented on platform X about the aggressive movement in AI markets, noting a continuous flow of capital into US stocks. He highlighted that the trading volume of Bitcoin ETFs now represents 25% of spot transactions. With the introduction of more ETFs, the blockchain and cryptocurrency sectors may be reduced to mere functions of asset settlement and transfer.

Du Jun also noted that trading volume on centralized exchanges (CEX) in the first half of the year has decreased.