Phyrex
Phyrex|Aug 01, 2025 19:58
Yesterday, the data of ETH spot ETF was not good, but today it slightly reversed. Although the magnitude was not significant, at least it shifted from net outflow to net inflow, with 8330 coins flowing in. Among them, BlackRock, Fidelity, and Grayscale all contributed more than four digits, especially Fidelity, which dominated BTC sales and continued to buy ETH. From the current situation, it cannot be said that ETH is necessarily good, as the increase in inflow is limited and the data of over 8000 ETH is difficult to change the trend of spot prices. However, we have repeatedly reiterated that ETFs represent the sentiment of traditional investors, which means that at least some investors are more optimistic about the rise of ETH in terms of sentiment. Data address: https://docs. (google.com)/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit? usp=sharing This article is sponsored by Bitget | @ Bitgetzh
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