Recently, the data on ETH has been very interesting. Although there was a net outflow of ETH spot ETF today, the key point is that this is the third time this week that BlackRock has increased its holdings of #ETH, and in these three days, apart from Grayscale's Mini ETF, only BlackRock has increased its holdings.

Why am I so surprised? It's because compared to #BTC, although the general increase in BTC holdings is good, and there have been net inflows in recent days, BlackRock has only increased its holdings of #BTC once in the past 17 working days.

Of course, I'm not saying that BlackRock's investors are more bullish on ETH compared to BTC. Even with the increase in ETH by BlackRock, the total amount over the three working days is only 6,060 ETH, which is not a large quantity. Apart from BlackRock and Grayscale, others are still at zero.

However, I still think that at this point in time, the continuous buying of ETH by BlackRock's investors is the advice of investment advisors, and investors really think that the current price range is relatively low.

The data has been updated, link: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing

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