Last Friday, $ETH's data was similar to $BTC's, both driven by favorable news from Iran that encouraged investor buying. The logic is the same; the uncertainty lies in whether investor sentiment will change after Monday. This time, it was mainly investors from BlackRock and Fidelity who were the primary buyers, most of whom may be trend-chasing investors.
In the recently concluded Week 92, traditional American investors had a net outflow of 34,762 ETH, which is a significant difference compared to the net inflow of over 56,000 in Week 91. This data is similar to Bitcoin; without Friday's decent inflow, the figures would look worse.
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