Indeed, it has been a while since we have seen such a large-scale reduction in $ETH spot ETFs, and the data is similar to that of $BTC. The major holder reducing their $ETH is also BlackRock, with a net outflow of over 100,000 ETH from BlackRock investors in a single day, as well as a net outflow of over 150,000 from American investors, which has caused some unease among ETH investors.

Yesterday, the data was actually quite good. Trump's nominees for the Federal Reserve have increased to four, and progress on tariffs has also been positive. Even the prices of BTC and ETH started to rebound, but investors made the largest exit decision in recent times. This data is from yesterday, and when looking at today’s data tomorrow, it may be even worse.

This article is sponsored by #Bitget ｜ @Bitget_zh

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