On Monday, the data for the $ETH spot ETF is also quite good.

On Monday, the data for the $ETH spot ETF was also decent, but just decent. Throughout the day, U.S. investors net bought less than 90,000 ETH. Compared to last month, this figure is quite average, but it has improved over the past two weeks. We can still see emotional investment from ETH investors, especially with BlackRock's investors once again taking the lead.

Overall, ETH and $BTC remain highly correlated, and BTC is also highly correlated with the U.S. stock market. Therefore, as long as the U.S. stock market remains stable, BTC and ETH shouldn't look too bad, especially at this current interest rate inflection point.

This article is sponsored by #Bitget ｜ @Bitget_zh

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