To say it bluntly, the investors in the $ETH spot ETF are really tough. Although today $BTC saw a net inflow, the amount was only $230 million, while the net inflow for ETH was $640 million, nearly three times the amount. It’s clear that investors are still in a state of FOMO. As I mentioned yesterday, as long as this state persists, I will not short the market.

Today, BlackRock's investors directly purchased over 110,000 ETH, and Fidelity's investors also saw a five-digit net inflow. BlackRock's investors are truly experiencing strong FOMO. I’m particularly curious about how BlackRock's financial managers communicate with their clients to drive such strong purchasing behavior.

This article is sponsored by #Bitget ｜ @Bitget_zh

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