Base

Spot ETF data indicates a flow of funds towards US stocks and bonds. The BTC data reveals weak purchasing power in spot ETFs, suggesting some investors may have shifted to US stocks. With a decline in US bond yields, a rise in US stocks, and a decrease in the US dollar index, more funds are entering the market. The continuous decline in USDC's market value indicates a reflow of funds into USD. Both ETF and cryptocurrency markets are experiencing investor outflows, but the cryptocurrency market may be boosted by favorable financial reports. Currently, with poor liquidity and sentiment, it is normal for funds to prefer US stocks and bonds. If the cryptocurrency market's growth rate lags, funds will still enter for布局. It's like "brick moving," with funds always rotating into different sectors.