Although the data for $BTC is not very good, the data for $ETH is quite decent. As mentioned earlier today, the spot ETF is currently one of the driving forces behind the rise in ETH prices, especially with BlackRock's investors, who have purchased over 110,000 ETH even without investing in BTC.

In addition to BlackRock, Grayscale and Fidelity also have a small amount of net inflow. The FOMO sentiment for ETH was still quite strong at least yesterday. This marks the fourth consecutive day that the fund volume for ETH spot ETFs has exceeded that of BTC, indicating that investor interest in ETH is beginning to surpass that of BTC.

Data source: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing

This article is sponsored by #Bitget ｜ @Bitget_zh

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