Although the price of ETH has rebounded reasonably well, the data on the spot ETF shows that $ETH is performing poorly. On Friday, although the data for $BTC wasn't great, it still saw significantly less capital outflow compared to ETH. The ETH spot ETF experienced a net outflow of over 33,000 ETH on Friday. While this data isn't terrifying, it is clear that traditional investors are still distancing themselves from ETH, at least for now.
In the data for week 63, American investors net bought less than 120,000 ETH, while this figure was nearly 300,000 in week 62, representing a direct reduction of more than half. Therefore, the volatility of ETH in the market is much greater compared to BTC.
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