Overall, ETH's data is still looking pretty good. Not only is there a net inflow, but from a capital perspective, the amount of inflow is about five times that of BTC. So, ETH's price is really stable. I've probably said this a dozen times already—unless ETH's investment structure changes, try to avoid shorting ETH. The current capital inflow is just a bit crazy. BlackRock and Fidelity are still enthusiastically buying in. BlackRock's investors have already purchased over 3.7 million ETH. If all goes as expected, the total holdings could surpass 4 million ETH within two weeks. And that's just the primary market for ETFs—the trading volume in the secondary market is even more astonishing. This post is sponsored by Bitget ｜ @Bitget_zh