The same situation applies to $ETH.

CN
Phyrex
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10 hours ago

The same situation can be seen with $ETH, which is also similar. Although there has been a large amount of selling in the primary market for ETH spot ETFs, the performance in the secondary market is still acceptable. The trading volume of $ETHA in the secondary market is quite large, but when compared horizontally with BTC in terms of capital, ETH's data is still significantly lagging behind BTC.

As with last week, although traditional investors' buying sentiment for cryptocurrencies has hit a low, interest in BTC is clearly still greater than that in ETH. This also indicates that BTC's stability and growth potential are at least leading at this point.

This article is sponsored by #Bitget | @Bitget_zh

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