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Deribit's head of Asia-Pacific commerce: BTC's spot ETF has continued to outflow in the past week, and purchasing power is expected to continue to decrease until late August

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2024-06-20 02:23:46
Sister Lin, head of Asia Pacific commerce at Deribit, said on social media that the BTC spot ETF continued to have a net outflow in the past week, with a total net outflow of 877.90 million US dollars (yesterday, June 19 was off for 1 day). The market has entered a correction stage recently, and many traders will go on vacation and lie flat in the summer. Purchasing power is expected to continue to decrease, possibly in late August.
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