On Friday, the data for $ETH was also acceptable. Compared to $BTC, the data for the ETH spot ETF was quite good over the past week, with mostly net inflows, although the inflow amount was relatively small. On Friday, it also marked a reversal from the long-term selling by BlackRock investors to buying. This time, they finally received the same treatment as BTC investors. However, the current buying volume is still low, making it difficult to impact the spot price.
From the data of week 76, U.S. ETF institutions had a net inflow of nearly 10,000 ETH, which is much better compared to the nearly 29,000 ETH net outflow in week 75. However, there are still no significant signs of improvement in the sentiment of traditional investors.
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