On Friday, the $BTC spot ETF had a small volume but still saw a net inflow, while $ETH experienced a net outflow. The sentiment among investors remains quite different; although interest in investing in BTC is waning, the situation for ETH is even worse. While these net outflows may not significantly impact prices, they do reflect investor preferences, especially since the main sellers of ETH in recent days have been investors from BlackRock.
From the weekly data, in week 65, the sale of ETH was 73,000 coins, while in week 64, the data showed a sale of 76,000 coins. Neither figure is particularly good, and the gap compared to BTC is quite large. Therefore, ETH is currently more influenced by the price fluctuations of BTC, with no clear trend of increased purchases from traditional investors.
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