On Wednesday, although the price of Bitcoin rebounded, the situation with the ETF is still not very optimistic. Funds continue to flow out, and the most aggressive are those from BlackRock, who continue to sell. Interestingly, Fidelity and ARK, who usually like to chase the price and sell with bearish market, have made a small move this time and bought in a small amount.

The biggest uncertainty in the current market still depends on the developments from Washington. The government shutdown has been dragging on for a bit too long, and the market is waiting to see if the two parties can reach an agreement. If the government can be restarted next week, it might improve investor sentiment somewhat. After all, this political deadlock has a quite obvious suppressive effect on risk assets.

BTC-2.69%

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