At times like this, it's normal for $ETH data to be better; we talked about this yesterday. Although more funds will flow into $BTC, the data shows that ETH has already entered the bear market at an earlier stage than Bitcoin. Currently, ETH is likely undervalued compared to BTC, so when there is a rebound, ETH's rebound should be higher. Indeed, after yesterday's increase, ETH's rise exceeded that of BTC, with a peak of over 11%.

Yesterday's increase also brought more spot ETF inflows, which is to be expected. After all, many of the new investors in ETFs are those who chase after price increases and sell on dips. Indeed, the highest number of buyers came from Fidelity investors, followed by BlackRock investors. I wonder how many there will be when we check the data tomorrow.

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