Like Bitcoin, the data for $ETH also reflects a day of net outflow, and investors from BlackRock, Fidelity, and Grayscale are selling, which is somewhat more painful compared to $BTC. Although Bitcoin also saw sales from BlackRock and Fidelity, the sales volume was very low, while in the ETH data, there were almost no net inflows from American investors, and investor sentiment is worse compared to BTC.

In the recently concluded Week 86 data, traditional American investors in ETH saw a total outflow of 74,087 Bitcoin, which is a significant difference compared to the net inflow of 51,958 in Week 85.

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