Last Thursday, it was still said that $ETH is very strong.

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Phyrex
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Last Thursday, it was said that $ETH was very strong, but by Friday it softened a bit. However, the price of ETH on Friday was still quite good, with no significant decline. The increase in ETH spot ETF on Friday was the lowest day of the week, actually, BlackRock's investors still bought a considerable amount, nearly 77,000 ETH, while Fidelity's investors had a net outflow of nearly 62,000 ETH. Other data remained relatively normal.

In the data from the past 55th week, there was a significant increase in ETH holdings among investors, with U.S. investors net buying 673,676 ETH within a week, the vast majority of which were purchased by BlackRock's investors. In the 54th week, this figure was only 21,146 ETH, indicating a 30-fold increase in just one week, highlighting the FOMO level of ETF investors towards ETH.

This article is sponsored by #Bitget | @Bitget_zh

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