Phyrex
Phyrex|Jun 03, 2025 17:16
This is already the second consecutive day that the data of ETH spot ETF is better than that of BTC during the same period, which is really rare. Often, it is the opposite. Now, it is actually BlackRock investors selling BTC while buying ETH, and not only BlackRock investors, but also Fidelity. Today, both BlackRock and Fidelity have net inflows exceeding five digits. Although the ETH buying volume for this number is not very high, it is indeed quite good, especially when most investors are selling BTC. ETH not only has this level of buying volume, but also has no other sales except for gray scale with three digit sales, which is also a rare thing. Recently, ETH has been quite hard, but there is still a gap between $2656 and $3237 on CME that has not been filled yet. After this gap is filled, we can see if it can be reversed. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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