Compared to BTC, the data for ETH is not as good, mainly because Fidelity has reduced its holdings by nearly 12,500 coins, while although BlackRock's investors have bought in, it was only 3,330 coins, which is a huge gap compared to Fidelity's reduction. Fidelity has also reduced its holdings in BTC, it seems that some investors believe that the crypto assets have reached a point where it is almost over.
From the perspective of user sentiment regarding the US ETF, most investors are still maintaining a wait-and-see attitude. Although there hasn't been a large amount of buying, there are also no obvious signs of selling. It is much better compared to March and April. In the past few days, Trump hasn't caused any trouble during his foreign visit, so it seems like we can have a good weekend. #ETH
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Compared to BTC, the data for ETH is not as good, mainly because Fidelity has reduced its holdings by nearly 12,500 coins, while although BlackRock's investors have bought in, it was only 3,330 coins, which is a huge gap compared to Fidelity's reduction. Fidelity has also reduced its holdings in BTC, it seems that some investors believe that the crypto assets have reached a point where it is almost over.
From the perspective of user sentiment regarding the US ETF, most investors are still maintaining a wait-and-see attitude. Although there hasn't been a large amount of buying, there are also no obvious signs of selling. It is much better compared to March and April. In the past few days, Trump hasn't caused any trouble during his foreign visit, so it seems like we can have a good weekend. #ETH