Matrixport: The market has shifted from institutional buying to retail investors, which may prolong the buying activity

ChainCatcher news, Matrixport released a chart stating that Bitcoin spot ETF ended last week's trading with an inflow of $310 million, marking the highest level in over a month.

Previously, ETF fund flows were closely related to inflation data, and last week's CPI data was weaker than expected, which may lead to continued inflows into the ETF.

It is noteworthy that the institutional buying initially driven by high arbitrage opportunities has shifted to retail investors who are less sensitive to stop-losses. This shift may prolong the buying activity, thereby reducing dependence on macroeconomic data.