Deribit's Asia Pacific Business Head, Lin Chen, posted on X, stating that "BTC spot ETFs have shown a slight net inflow this week. Although the market was closed on Wednesday and there was a significant net outflow on Thursday, the inflow in the remaining days made up for this gap. The total net inflow for the week reached $255.3 million, with an increase of 2421.94 BTC holdings. Among them, BlackRock IBIT once again set a daily maximum reduction of 3516.57 BTC on Thursday, while the market sentiment rebounded on Friday, with an inflow of 2601.9 BTC and Fidelity increasing its holdings by 3684.64 BTC on the same day. Currently, BTC prices have rebounded and fluctuated widely around $98000 @uohju

Interesting insights on BTC spot ETFs movements this week! BlackRock and Fidelity's actions are definitely worth noting. Exciting to see how these trends will impact the market in the coming days. 📈 