
Phyrex|Mar 11, 2025 20:03
The data of ETH spot ETFs continues to maintain a poor situation. The large holder, Fidelity, directly reduced its holdings by nearly 13000 ETH yesterday, while the US spot ETF institutions reduced their holdings by a total of 15765 ETH. The sentiment of ETH investors is also very poor. I have used this term many times in recent days, and it has been used for ETH. As a holder, I am also quite frustrated.
I don't know if there will be some improvement in the sentiment of ETF buyers after today's rebound. At least ETH is the only cryptocurrency that has been traded through spot ETFs, and there is also an investor layout of BlackRock's scale. If this cycle really ends like this, it will be a bit miserable.
Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit? usp=sharing
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