The data for ETH is still not good, and it's quite bad. In the data for Bitcoin spot ETFs, U.S. investors have seen a net inflow for three consecutive days. Although the inflow amount is not high, there has been no significant selling pressure, especially as investors from BlackRock and Fidelity have gradually started to emerge from panic. However, ETH investors still maintain a tense emotional state.
BlackRock, Fidelity, and Grayscale remain the main forces behind ETH selling, with BlackRock's investors being the most significant among them. After the holdings fell below ETHE yesterday, today it is almost about to drop below 1.2 million ETH in holdings. ETH is indeed facing some difficulties.
The data has been updated, address: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing
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