Odaily News Lin Chen, head of Asia Pacific business at Deribit, said in a post on X that the BTC spot ETF performed very strongly this week, with a total weekly net inflow of US$1.615 billion and a net increase of about 21,230.71 BTC. Analysis pointed out that on Monday, due to the approaching election, the risk aversion sentiment gradually became stronger, causing investors to urgently reduce their holdings by 7,886.33 BTC; and starting on Wednesday, after Trump's election and the Fed's 25BP rate cut, market sentiment quickly rose, and in the following two days, there was a net inflow of about 27,000 BTC, of which BlackRock contributed 14,600. The current BTC price is close to US$77,000.