Phyrex|May 19, 2026 12:58
The data of ETH spot ETF on Monday continued to be poor, which was within expectations. After all, investors who chased the rise and fell gradually left the market due to the downward trend of the price. However, it is very similar to Friday's expectations. Except for the significant reduction in the number of investors in BlackRock, investors from other institutions have reduced their holdings.
It's not because investors from other institutions have higher levels of awareness, but rather because short-term investors have already lost almost all of their stock, especially in the first two weeks when Fidelity's investors left about 5% of their stock every day. Even now, their daily selling is still around 1% of their stock.
Not to mention other institutions, waiting for the market to recover now still depends on the complete end of the conflict between the United States and Iran.
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