On Friday, the data for $BTC was not good, and the data for $ETH was also not good. Although the net outflow of funds was slightly less than that of Bitcoin, it was still a net outflow. Apart from BlackRock and Bitwise, which had zero, the rest were all negative. However, the selling was not intense; even the largest sellers, Grayscale and Fidelity, did not exceed 2,000 coins. This indicates that investors' sentiment towards ETH remains quite calm.

There was no chain reaction caused by the price drop, so the overall outflow of funds was also lower than that of BTC. As we mentioned before, although investors have higher expectations for ETH compared to BTC, the net purchasing power for the ETH spot ETF in week 53 was only 80,513 coins, while in week 52, this figure was 464,046 coins. The gap is still significant, and the general purchasing sentiment among investors is waning. The market is waiting for new positive news.

This article is sponsored by #Bitget ｜ @Bitget_zh

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。