Compared to BTC, the sentiment around ETH has started to ease. However, similar to Bitcoin, BlackRock investors are still the main force behind the sell-off. The difference is that other institutions are already showing signs of bottom fishing. Early this morning, news broke about BlackRock applying for an ETH spot ETF staking, which is considered positive news for investors. The probability of this application being approved is very high. Bitget VIP, lower fees, bigger perks.