When the $BTC data is poor for a long time, the $ETH data is also likely to be poor.

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Phyrex
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4 hours ago

When the $BTC data is poor for an extended period, the $ETH data is also likely to be unfavorable. During the three consecutive days of significant spot ETF sell-offs for Bitcoin, the sell-off volume for ETH was also considerable. Similar to BTC, the main sellers were investors from BlackRock and Grayscale. The only slightly positive aspect was that due to higher inflows on Monday and Tuesday, the weekly data still showed a net inflow.

From the data of week 77, U.S. ETF institutions had a net inflow of 10,144 ETH, while the data from week 76 showed a net inflow of 9,899 ETH, indicating that the stability of ETH is somewhat better.

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