As expected last Thursday.

CN
Phyrex
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4 hours ago

As expected from last Thursday, the $ETH sold by Grayscale was accounted for in Friday's data, and the purchasing power on Friday was relatively good, so Friday was still a net inflow day. Of course, even with net inflow, the amount wasn't very high; this issue is the same as with $BTC, as traditional investors are not very interested in cryptocurrencies.

However, from a weekly data perspective, ETH has made some progress compared to BTC. The net purchasing power of BTC this week only increased by 2 times compared to last week, while ETH increased by 8 times. From a purely financial perspective, ETF investors seem to be more sensitive to ETH.

Additionally, the holdings of ETH by U.S. ETF investors have surpassed 4 million coins, breaking the historical high.

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