On Monday, the data for the $ETH spot ETF was also good. Although it is below the purchasing power average like $BTC, the inflow of ETH in the past few days compared to BTC is around 30%. In my calculations, if ETH's purchasing power exceeds 20% of BTC, that is already quite good. A 30% purchasing power indicates that there are still quite a few investors betting on ETH's breakout.

I don't know if or when it will break out, but from the investors' attitude, at least ETH and BTC are still highly unified. Most investors do not plan to sell their holdings of ETH and are mainly observing, while BlackRock and Fidelity's investors have always been the main contributors to purchasing power.

Data source: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing

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