Recently, BTC ETF has continued to show a trend of capital outflows, and the outflow volume is quite significant. After the sharp fluctuations in the market, it is expected that it will take longer to digest the impact and restore investor confidence.
Although the selling pressure of the Grayscale ETH ETF has weakened, releasing a slowly improving signal, it is still difficult to reverse the overall downward trend in the short term. Although this sign gives the market a glimmer of hope, we still need to be objective about ETH's recent performance.
Compared with BTC and SOL, its performance is indeed unsatisfactory. It is expected that ETH will perform better in the next bull market.
