Although ETH's data isn't great either, it's still much better compared to BTC. First, there's positive inflow, and second, BlackRock investors are reducing their BTC holdings but continuing to increase their ETH holdings. In fact, the amount of ETH added ranked second for the day, with Fidelity taking the top spot. This shows that Fidelity investors are more inclined to chase highs and sell lows, but ETH's purchasing power has consistently remained strong. Even so, ETH's weekly data isn't looking good. In Week 56, the first three working days saw net outflows, with only Thursday and Friday showing net inflows. The total for the week was still a net outflow of over 100,000 ETH. By comparison, Week 55 saw net inflows exceeding 600,000 ETH. So, while ETH's purchasing power surpasses BTC, the total weekly purchasing power is still significantly lower than the previous week. The main reason for this week's decline is concerns over a potential rate cut in September and the downturn in the U.S. economy. As of now, these concerns haven't been visibly alleviated. Sponsored by Bitget ｜ @Bitget_zh