Seeing that $1.2 billion is flowing into Bitcoin ETFs, I realized this is quite a bullish signal. It seems that large-volume activity is also increasing on cryptocurrency exchanges.



The fact that institutional investors are buying Bitcoin through ETFs means that there is genuine spot demand. It's important that the number of long-term holders who are holding rather than short-term traders using leverage is increasing. A similar trend can be observed in the spot markets of cryptocurrency exchanges.

If this kind of inflow continues, it will help support the market's lower levels. It's different from just playing around with leverage trading; real demand is coming in. I think we should pay attention to future price movements.
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