Recent data reveals that the global asset management giant BlackRock’s Bitcoin exchange-traded product (Bitcoin Investment Trust, BIT) recorded $526.7 million in inflows on July 22nd, marking not only the highest single-day inflow since March, but also demonstrating ongoing investor attention and confidence in the cryptocurrency market. Meanwhile, the latest report from blockchain analytics platform CryptoQuant highlights an interesting phenomenon: Bitcoin holders appear to be cautious about the current price, unwilling to sell their held cryptocurrency assets. This trend might suggest that as BlackRock’s Bitcoin ETF regains market focus, investors hold a more positive outlook on the long-term prospects of cryptocurrencies. Analysts note that Bitcoin holders’ reluctance to sell could imply a reduction in the circulating supply of Bitcoin in the market, potentially forming a supportive factor for prices and even driving them further upwards if demand remains stable or increases.