Phyrex|Jan 21, 2026 22:11
The same goes for ETH, with data showing net outflows, which was expected. Especially now, BlackRock investors are treating ETH spot ETFs as the epitome of chasing highs and dumping lows. Previously, this honor belonged to Fidelity, and while Fidelity is still doing the same, BlackRock's data is even more exaggerated. However, after Trump TACO-ed, ETH rebounded above $3,000, so the data is likely to improve.
But similarly, traditional investors currently don't have much interest in BTC and ETH. The rebound in U.S. stocks is stronger, and more funds still view U.S. stocks as the most important investment asset.
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