Deribit Asia-Pacific Business Head Lin Chen stated on X: "This week, the performance of the ETH ETF was slightly weaker than that of BTC, with a total net outflow of 38.1 million USD and a net reduction of 11,846.98 ETH.

Although BlackRock and Fidelity still increased their holdings, other institutions primarily reduced their positions. Among them, BlackRock slightly increased its holdings on Friday, while the positions remained unchanged on other days, and Grayscale's ETHE continued to significantly reduce its holdings, totaling a reduction of 15,306.52 ETH. The current ETH volatility index (DVOL) is 71.12, and the ETH/BTC exchange rate has rebounded to 0.0371."