Earlier, it was mentioned that BlackRock's investors have been buying BTC in the ETF market for 16 consecutive days. However, in the ETH ETF market, not only are the purchases minimal, but there are also significant signs of selling. For instance, today, it was again BlackRock's investors who contributed the largest outflow, reducing their holdings by over 12,000 ETH.
Aside from BlackRock's investors, only Grayscale's investors had a small reduction, approximately 80 ETH, while others reported zero. I don't know if this group of investors took profits and exited, but it is evident that even though the buying sentiment for $BTC is strong, $ETH still sees little interest.
Interestingly, today the increase in ETH was greater than that of BTC, so let's take a look at today's data again tomorrow to see if ETH purchases have also started to pick up.
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