On Monday, the data for spot ETFs remained very strong, with both BTC and ETH performing exceptionally well. BTC data will come a bit later, so let's first look at ETH. In the past 24 hours, American investors have increased their holdings by over 34,000 #ETH, marking the highest single-day increase for American investors since Christmas.

Of course, the main buying power still comes from BlackRock, which increased its holdings by 33,672 ETH. By the way, from the funding data, it appears that BlackRock's investment in ETH is over 50% of that in #BTC. Moreover, the largest buying power for $BTC in the last two days has come from Fidelity, although Fidelity's buying power for $ETH has not been as strong, similar to Grayscale's Mini ETF, which only saw an increase of just over 1,000.

Selling pressure still exists for Grayscale's $ETHE, but it is only a little over 2,000 in sell-offs, which hasn't made much of a splash. Based on the current data, the sell-off of ETHE should be nearing its end, and there shouldn't be much left to sell in the market.

The large buying on Monday for ETFs can be seen as a sign of improving investor sentiment. After all, with the start of the 6th, American investors have gradually begun to return to normal life, and liquidity is also starting to rise. However, I am not overly optimistic about the price. Although U.S. stock index futures opened higher today, the increase is very small, and it is still uncertain how the market will move after the opening, especially in the absence of clear positive or negative data. Cryptocurrencies, especially BTC, may be more closely aligned with the movements of U.S. stocks.

The silver lining is that we have seen the U.S. dollar index drop below 108, which may gradually enhance investors' risk appetite as the dollar index declines.

Data has been updated, address: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。