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#BTC and ETH Spot ETF Weekly Net Outflow Exceeds $1.6 Billion
Weekly net outflow reached $1.647 billion, with IBIT (BlackRock) alone contributing over $1 billion in redemptions. Many are shouting "the crypto bear market is here," but from the perspective of financial analysts, this is not a collapse of the cryptocurrency's own fundamentals; rather, it is a typical case of macro liquidity withdrawal and institutional asset rebalancing.
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