Today's keyword for institutions is "risk reduction." Market reports indicate that there has been a significant net outflow of US spot BTC ETFs recently, with discussions amplifying around the scale of outflows on a weekly level. This suggests that some funds are managing their positions in the face of high interest rates and risk-off sentiment. The focus isn't just on daily data, but on continuity: if the outflows persist, the rebound potential will be limited; if it shifts to a slight net inflow, market sentiment will recover more quickly. #ETF #Bitcoin