
Phyrex|Sep 11, 2025 15:40
Yesterday, BTC's performance was pretty solid, which also boosted ETH spot ETFs. However, the capital volume of ETH compared to BTC is roughly 5 times smaller. Now, it's turning into Bitcoin getting a large amount of buy-ins, with ETH trailing behind. Of course, no one knows how long this situation will last—let's wait and see. At least we can tell that the current market sentiment is still pretty good.
BlackRock and Fidelity are the main forces behind the accumulation, aside from Grayscale selling off 75 ETH. Other than that, there's not much else happening. But I checked, and ETHA's trading volume still hasn't returned to its peak. Yesterday's volume was just barely passable. Let's see if ETH can take advantage of the September rate cut to explode again.
Sponsored by Bitget | @Bitget_zh
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