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BlockBeats News, September 8 - Jiang Zhuo'er, founder of B.TOP mining pool, stated in a post that Bitcoin has just dipped, with Coinbase Bitcoin premium remaining negative and widening losses. He expects tomorrow's spot ETF (i.e., the current U.S. trading day) to see capital outflows.
ETF data is lagging; trading based on ETF data is like driving while looking in the rearview mirror. Although inconvenient, ETF capital inflows and outflows are highly significant, so attention must be maintained.
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