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Phyrex
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1 day ago

Similarly, it was another day where the data for $ETH surpassed that of $BTC. Although Fidelity had strong sell-offs in BTC, there were nearly four-digit purchases in ETH, and both BlackRock and Grayscale had five-digit net inflows. Notably, BlackRock's investors bought nearly 100,000 ETH. Therefore, despite a slight price correction, ETF investors' enthusiasm for buying ETH remains quite strong.

However, looking at the ETF trading volume, it is very similar to Bitcoin, gradually detaching from the FOMO sentiment, waiting for the price to stabilize before continuing to observe. The maintenance of buying volume indicates that investors' positive sentiment towards ETH has not changed.

Data address: 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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