Yesterday, the net buying quantity of $ETH was almost the same as that of $BTC. Today, the net buying volume of ETH by American investors has increased. BlackRock has been actively purchasing for two consecutive days this week, showing decent buying power, especially with both BTC and ETH in a dual battle. Additionally, Fidelity has also started to see net inflows. Although Grayscale did not see inflows today, there were also no outflows. Overall, while ETH is not as aggressive as BTC, investor interest has still been stimulated.
However, even though Bitcoin has already broken new highs, the price of ETH is still hovering around $2,500. It is likely still due to insufficient liquidity, as most funds still favor BTC. It would be good enough for ETH to keep up with BTC's rise; for now, we shouldn't expect it to show a better trend.
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