This week, the purchasing power data for the spot ETFs of $BTC and $ETH shows that although purchasing power has increased in the past week, some funds have started to re-enter the cryptocurrency space. It is evident that the purchasing power of BTC is recovering faster, even though the total amount of funds is not high. At least it indicates that user sentiment is warming up.

In contrast, the data for ETH shows a larger gap, with purchasing power lagging behind BTC, and there has been more selling pressure. Currently, investor interest in BTC far exceeds that in ETH. Recently, the SOL spot ETF is also set to gradually launch, which may divert some funds, but without the support of BlackRock and Fidelity, it is expected to be quite limited.

This article is sponsored by #Bitget ｜ @Bitget_zh

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