According to a report by Golden Ten, JPMorgan analyst Nikolaos Panigirtzoglou pointed out in a report this week that spot Bitcoin ETFs attracted $1.3 billion in new investor funds in the first two days of the week, bringing their total inflow for October to $4.4 billion, making it the third largest net inflow month since the listing of spot Bitcoin ETFs in January. In another measure of the "animal spirit" of retail investors, meme stocks and artificial intelligence related tokens also performed better than the overall cryptocurrency market. It is reported that the concept of "animal spirit" was proposed by economist Keynes, emphasizing the influence of investor emotions and psychological factors on the market. He believed that the stock market is driven by investor confidence and expectations. Investors' confidence has increased, and the stock market usually performs well; However, with low investor sentiment, the stock market may experience a decline. @tfifthe