On Thursday, the data for the ETH spot ETF got a bit worse. On Wednesday, BlackRock investors only sold a small amount, but on Thursday, they directly sold 1.5% of the holdings. Investors really move fast when cutting losses. After this single move, BlackRock's net inflow over the past two weeks instantly turned into a net outflow. Let alone other institutions—traditional investors still seem to have a higher tolerance for BTC. Bitget VIP, lower fees, crazier perks.