Compared to BTC, today marks another day of continued explosive growth for ETH spot ETFs. BlackRock investors have zero purchasing power in BTC, but over 100,000 in ETH. Based on fund data, BTC saw a net inflow of nearly $87 million, while ETH saw nearly $730 million, a gap of over eight times.
BTC's rise isn't due to its immense purchasing power, but rather to the fact that few investors are selling. ETH's rise, on the other hand, is due to a significant influx of investors. Previously, ETH's fund volume was considered impressive at 30% of BTC's; now it's over 500%.
As long as this sentiment persists, I won't short ETH. #BTC再创新高 #BNB创新高 #以太坊创历史新高倒计时 #机构疯抢以太坊 #主流币轮动上涨 $BTC $ETH $BNB