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
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.