Phyrex posted on X. Ethereum (ETH) has seen a net outflow, a development that was anticipated by market analysts. This trend is particularly evident among BlackRock investors, who have become synonymous with the practice of buying high and selling low in the context of ETH spot ETFs. Previously, this reputation was associated with Fidelity, but BlackRock's data now appears more pronounced. However, following U.S. President Donald Trump's recent actions, ETH has rebounded above $3,000, suggesting potential improvement in these figures.
Despite this rebound, traditional investors show limited interest in both Bitcoin (BTC) and Ethereum (ETH). The U.S. stock market has demonstrated a stronger recovery, with more capital continuing to view equities as the primary investment asset.
The current market dynamics highlight a shift in investor focus, with traditional assets gaining preference over cryptocurrencies.