Since the large coin on January 11, 2024, to now, the Ethereum has passed to now. Observed for almost two years.

The buying and selling of ETFs does not show a strong pattern; a highlight is that the buying and selling of ETFs is not much different from that of retail investors!

When the large coin rises little, it is bought less; when it rises sharply, it is bought heavily; when it falls, there is buying; when it falls sharply, selling starts.

There is no indication that ETF buying directly affects prices; as long as news comes out, it will drop just as hard, and buying will also drop!

Therefore, it is difficult to see a pattern, and instead, its operation resembles retail investors chasing highs and cutting losses.

One thing is certain: ETFs have pushed up the bottom price of large coins and Ethereum at $BTC $ETH