Yesterday, the twelve spot ETFs in the United States increased their holdings by a total of 12,249 bitcoins, which is a relatively high level in the past two weeks. However, BlackRock increased its holdings the most, 8,691, while Fidelity and ARK also increased their holdings by more than 1,000 each. But in the Ethereum spot ETF, the nine spot ETFs in the United States increased their holdings by a total of 70,600 ETH. BlackRock and Fidelity increased their holdings by more than 30,000 ETH each, especially Fidelity's increase exceeded BlackRock by more than 10%.
The Ethereum ETF performed very well in terms of capital inflows yesterday and this week, and its performance since the beginning of the year has almost been above average, and the trend is positive. The selling pressure on ETHE seems to have ended, with no capital outflow for 6 consecutive days. Although Ethereum is still lagging behind the Bitcoin ETF, there is still hope for the future. Judging from the ETF data, American investors are still buying. As long as spot ETFs continue to buy, the stock of Bitcoin in the market will become less and less, and the prices of Bitcoin and Ethereum will most likely continue to rise.