Today's data is still very fragmented.

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Phyrex
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9 hours ago

Today's data is still quite fragmented. Although the net inflow of $BTC is good, the inflow of the $ETH spot ETF is less than 20% of that of BTC. However, the price of ETH has risen more than that of BTC. This can only indicate that traditional investors' sentiment towards ETH is waning, while investors in the cryptocurrency space are experiencing FOMO. Such situations often occur during rapid price increases.

Both BlackRock and Fidelity have only seen four-digit net inflows, which is a bit low. It remains to be seen whether there will be a large number of investors chasing the market in the ETF space tomorrow. There is a high probability that this sentiment will persist until Monday.

This article is sponsored by #Bitget | @Bitget_zh

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