Odaily星球日报讯 Real Vision 首席执行官 Raoul Pal 表示，比特币现货 ETF 约三分之二的净流入可能来自套利交易。 数据显示，美国比特币 ETF 的“前 80 位持有者”是对冲基金，资金来自各种机构和个人投资者。 Raoul Pal 还表示：“如果这是正确的，则表明绝大多数 ETF 流量只是套利者，散户还不是关键驱动因素。”（Cointelegraph）

Odaily星球日报讯 Real Vision 首席执行官 Raoul Pal 表示，比特币现货 ETF 约三分之二的净流入可能来自套利交易。数据显示，美国比特币 ETF 的“前 80 位持有者”是对冲基金，资金来自各种机构和个人投资者。Raoul Pal 还表示：“如果这是正确的，则表明绝大多数 ETF 流量只是套利者，散户还不是关键驱动因素。”（Cointelegraph）

Real Vision：比特币现货ETF约三分之二净流入或来自套利交易

Odaily Odaily News: Raoul Pal, CEO of Real Vision, said that about two-thirds of the net inflows of Bitcoin spot ETFs may come from arbitrage transactions. Data shows that the "top 80 holders" of US Bitcoin ETFs are hedge funds, and the funds come from various institutions and individual investors. Raoul Pal also said: "If this is correct, it shows that the vast majority of ETF flows are just arbitrageurs, and retail investors are not the key driving factor." (Cointelegraph)

Odaily Odaily News: Raoul Pal, CEO of Real Vision, said that about two-thirds of the net inflows of Bitcoin spot ETFs may come from arbitrage transactions. Data shows that the &quot;top 80 holders&quot; of US Bitcoin ETFs are hedge funds, and the funds come from various institutions and individual investors. Raoul Pal also said: &quot;If this is correct, it shows that the vast majority of ETF flows are just arbitrageurs, and retail investors are not the key driving factor.&quot; (Cointelegraph)

Real Vision: About two-thirds of the net inflows of Bitcoin spot ETFs may come from arbitrage transactions

Bitcoin failed to break through the $90,000 mark twice yesterday and has now fallen back to around $87,000. How is the market sentiment? Has it changed?

We may be able to glimpse the current sentiment in the crypto community from the <Followin> sentiment index.

In the Chinese community, the three cryptocurrencies most discussed by KOLs are <PNUT>, <SUI>, and <NEIRO>. Looking at the bull-bear ratio, it is heavily skewed, with the bulls occupying an absolute position. Among the 275 KOLs discussing <PNUT>, 98% are bullish, and among the 166 KOLs discussing <SUI>, 95% are bullish. For <NEIRO>, 148...

Bitcoin failed to hit $90,000 twice in a row. Has market sentiment changed?

A week has passed since the US election last Tuesday, and Trump's overwhelming victory has also confirmed Musk's status as the primary contributor. Coins related to Musk have also begun to skyrocket, the most prominent being the first token that Musk has publicly <shill>ed: Doge (DOGE).

Since November 5th, Doge has risen by more than 170%, including a 45% increase today, with its market capitalization officially exceeding $60 billion, currently ranking 6th in the market capitalization ranking, firmly occupying the "largest meme coin" throne.

Over the past 7 days...

After rising for 7 consecutive days, Dogecoin’s market value has exceeded 60 billion US dollars. Will it continue to rise?

For those who are focused and committed, 2025 may become a pivotal year that changes their lives.