
Phyrex|Jul 23, 2025 16:06
Although the data for BTC is not good enough, the data for ETH is good. As mentioned earlier today, spot ETFs are one of the driving forces behind the current rise in ETH prices, especially among BlackRock investors who have bought over 110000 ETH even without investing in BTC.
In addition to BlackRock, there have also been small net inflows from Grayscale and Fidelity, and ETH's FOMO sentiment was quite strong at least yesterday. This is also the fourth day in a row that the amount of funds in ETH spot ETF is higher than that in BTC, and investors' interest in ETH has begun to exceed that of BTC.
Data address: https://docs. (google.com)/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit? usp=sharing
This article is sponsored by Bitget | @ Bitgetzh
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