Phyrex
Phyrex|Aug 11, 2025 16:50
On Friday, ETH's data was even more explosive. I looked at Bloomberg's information and it said this was the fourth largest inflow of ETF funds in history. However, based on the official website data, this should be the sixth largest net inflow data, with 111372 ETH inflows in a single day. The other five times mostly occurred in the previous week or two, which is also what I have been emphasizing. The rise of ETH cannot be separated from the primary and secondary markets of ETFs. In last Friday's data, both BlackRock and Fidelity had net inflows exceeding four digits, especially BlackRock returning to holding over 3 million ETH. However, due to poor data on Monday, the net inflow of US institutions in the 54th week was less than 40% lower than in the 53rd week. But especially the trading volume of ETHA in the secondary market remained very strong last week. This article is sponsored by Bitget | @ Bitgetzh
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