Phyrex|Dec 01, 2025 21:16
Compared to BTC, ETH's performance last Friday was decent, especially with BlackRock investors, who were heavy sellers of BTC but became the main buyers of ETH. Aside from BlackRock, the data from other institutions can basically be ignored. However, it's true that ETH spot ETF data has been more stable—not because there are more buyers, but because the overall changes are less significant. Investors seem to feel that ETH is more stable.
In the data from Week 70, all U.S. ETH spot ETFs had a net inflow of about 105,000 ETH, whereas in Week 69, there was a net outflow of 175,000 ETH. It feels like investors are buying the dip on ETH.
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