The ETH spot ETF data that just looked good for a week is now a complete mess again. BlackRock investors, who were net buyers for the first four days, made a significant net outflow on Friday. Coincidentally, Grayscale, which had decent inflows in the past two days, also saw a substantial sell-off. Investor sentiment for buying ETH has once again hit rock bottom. Looking at the weekly data, in the just-concluded 71st week, traditional investors sold nearly 23,000 ETH. Although this isn’t a huge amount, it’s worth noting that in the 70th week, there was a net inflow of over 100,000 ETH. This shows that investors still have some interest in bottom-fishing at lower prices, but once ETH exceeds $3,000, the buying interest starts to fade. Bitget VIP—lower fees, bigger perks!