Phyrex|Mar 17, 2026 17:03
Although the ETH spot ETF has seen five consecutive days of net inflows, and the ETH price rebound has indeed outperformed BTC as predicted, investors' interest in ETH remains low. Monday's data showed that BlackRock investors continued buying Bitcoin but started selling ETH. If it weren’t for Fidelity investors actively buying, it would likely have been a net outflow.
The lack of confidence among traditional investors is currently the primary issue ETH is facing. However, in the crypto trading space, ETH's rebound has been quite strong. This disconnect makes it seem like traditional investors prefer BTC, while crypto investors favor ETH.
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