Despite the accelerating inflow of funds into Bitcoin investment trusts, for some reason, the price hasn't risen as much as expected. Looking at the recent movements over the past few days, I noticed that even though over 1B dollars are flowing into Bitcoin ETFs, the current price remains around 72.70K.

Industry analysts seem to believe that this isn't just a simple supply and demand issue; rather, more complex market mechanisms are at play. It appears that the overall structure of the cryptocurrency market is changing, and the traditional "fund inflow = price increase" equation is no longer valid.

Thinking about it, the inflow of funds through investment trusts certainly indicates institutional investors are entering the market, but at the same time, profit-taking sales and shifts to other assets are also happening. As the cryptocurrency market matures, it seems that movements can no longer be predicted by a single indicator. The fact that the price has only risen about 1.75% in 24 hours may also be influenced by these complex factors.