BlackRock's head of digital assets stated frankly in a livestream that among the top 20 global ETF inflows, only BlackRock's Bitcoin ETF has negative returns, while all other ETFs are in a profitable state. Currently, BlackRock's Bitcoin ETF inflows have reached $26 billion, ranking fourth globally. The executive indicated that this phenomenon suggests Bitcoin is currently in a period of intense turnover and long-term accumulation. Additionally, 90% of investors in BlackRock's Bitcoin ETF are in a "buy the dip" mentality, with only 10% of hedge funds utilizing basis trading for short-term, high-frequency trading. $BTC

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