Last Friday, the data for the $ETH spot ETF was also good, with investors from BlackRock and Fidelity making five-figure purchases. Among U.S. institutions, there were no other sell-offs except for Grayscale. However, most investors still maintained a wait-and-see attitude and did not increase their investments due to the consecutive rise in ETH, likely wanting to wait for the situation to become clearer.
In the recently concluded 90th week, investors purchased a total of 107,000 ETH, which is an increase of over 30% in purchasing power compared to 74,000 in the 96th week. This is similar to $BTC, primarily due to the ceasefire between the U.S. and Iran, as well as lowered expectations regarding inflation and recession.
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