Deribit's Asia-Pacific business leader, Lin Chen, stated in a post on X that "this week, the performance of ETH ETF was slightly weaker than that of BTC, with a total net outflow of 38.1 million US dollars and a net reduction of 11,846.98 ETH. Although BlackRock and Fidelity continued to increase their holdings, other institutions mainly reduced their holdings. Among them, BlackRock slightly increased its holdings on Friday, while its holdings remained unchanged on other days. Grayscale ETHE continued to significantly reduce its holdings, with a total reduction of 15,306.52 ETH. The current DVOL (volatility index) for ETH is 71.12, and the ETH/BTC exchange rate has rebounded to 0.0371."