Last Friday, the data for the $ETH spot ETF was similar to that of $BTC, with both experiencing net outflows, and the difference in the amount of funds flowing out was very small. It was rare for BlackRock investors not to sell any ETH on Friday, but given the price drop that day, Fidelity and Bitwise were the main sellers, although not by much. Investors' confidence in ETH has not been completely depleted.

From the weekly data perspective, ETH had a net inflow of nearly 270,000 coins in week 57, which is already a good figure. In week 56, there was still a net outflow of over 100,000 coins, so the purchasing power of ETH investors remains quite strong. However, it is hard to say how long this strength can be maintained.

This article is sponsored by #Bitget ｜ @Bitget_zh

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