With the rebound of prices, the data performance of ETH spot ETFs is also good. In the past two days, their purchasing power has been almost 20% to 30% of BTC, which is already considered good. I estimate that many friends will ask why they have bought so many spot ETFs, but the coin price has not changed significantly. This question has been answered 100 times. Users may not necessarily buy BTC or ETH directly from the market, let alone from exchanges. One reason is that the purchase volume is not very large, and the other is that the AP bears a large part of the buying and selling. The AP is like a market maker, and when users buy and sell, it is almost always handled by the AP. AP can be sold to the market or bought and kept by users themselves. When users need to buy, AP can also directly sell their inventory to users, so the prices of spot ETFs and spot ETFs are not 100% correlated. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex