Last Friday, the data for bitcoin:native wasn’t great. Honestly, there were no expectations for ethereum:native either, but it turns out ETH’s data was still decent. Only BlackRock investors showed a small net outflow, while other institutions saw almost no changes. This indicates that most traditional investors have shifted to long-term holders, with short-term holders mostly exiting the market. In the just-concluded Week 97 data, U.S. investors had a net outflow of 95,567 ETH. Compared to the over 120k net outflow in Week 96, this is much better. It also shows that ETH has entered the phase where ETF long-term holders dominate earlier than BTC. Bitget is here, and it’s VIP all the way! Crypto, U.S. stocks, CFDs—get ahead globally with one-stop solutions!