Sure enough, experience is effective. Generally, after BlackRock's investors buy a large amount of BTC, they will not be indifferent to ETH. They bought a large amount of BTC the day before yesterday, and they also had good purchasing power in ETH yesterday. BlackRock net increased its holdings by 4,544 ETH, and Fidelity also net increased its holdings by 3,245 ETH, which is also a good data.

However, apart from these two, there is no net increase in holdings, and Grayscale's ETHE has once again sold 6,011 ETH, which is really endless. This is the nth time. After the sell-off almost dropped to three digits, it increased significantly again. Currently, ETHE still holds 1,626,097 ETH.

The other six institutions are all zero. Although BlackRock's purchase can see some increase in purchasing power, other institutions have not bought as large as BlackRock. Looking at the purchasing power of BTC on the previous trading day, it is still very strong, but ETH is still a little worse.