Compared to BTC, today is another day of explosive growth for ETH Spot ETF. BlackRock's investors have zero purchasing power in BTC, while their purchasing power in ETH exceeds 100,000 coins. From the funding data, BTC's net inflow is nearly 87 million dollars, while ETH's is almost 730 million dollars, with a difference of more than eight times.



The rise of BTC is not due to strong purchasing power, but rather because there are very few investors selling. In contrast, the increase in ETH is due to a significant amount of capital being invested. In the past, having 30% of the capital volume of BTC was already good for ETH, but now it is over 500%.

As long as this emotion hasn't subsided for a day, I won't short ETH for a day. #Gate 8月储备金报告出炉# #BTC再创新高# #晒出我的Alpha积分# #BTC# #ETH#
ADA-7.04%
XRP-5.43%
SOL-6.64%
ETH-2.62%
BTC-3.38%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Zlatanvip
· 7h ago
Steadfast HODL💎
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)