The data of ETH continues to be poor, and it is still quite bad. BlackRock investors have made some reductions in Bitcoin and ETH, reducing more than 10000 ETH. This has also led to BlackRock replacing Grayscale as the largest reduction party. It seems that even BlackRock investors were not optimistic about the market before the tariffs. Unlike BTC, Fidelity and ARK have shown some increase in holdings in BTC spot ETFs, which is completely absent from ETH data. Therefore, the purchasing power of ETH spot ETFs can be said to be very low. However, except for BlackRock and Grayscale, there has been almost no selling from other investors, and most investors are still choosing to wait and see. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex