ByteTree: ETF traffic is more important than gold compared to Bitcoin

In the Asian market, Bitcoin investors are facing significant volatility, possibly due to automated trading protocols reacting to the liquidity data of US ETFs holding cryptocurrencies. The daily data on the demand level of these Bitcoin spot ETFs spread throughout the cryptocurrency market during the Asian period after the end of US stock market trading. On Tuesday, digital assets experienced their largest decline in a month as liquidity data showed investors were withdrawing their funds.