On December 10th, $ETH ETF attracted an additional $56 million in net investment, BlackRock once again had to shoulder

ETH
ETHUSDT
3,228.01
-1.28%

Data from December 10th recorded a total net inflow of $56.48 million, but the reality reveals an alarming dependence on a single institution.

šŸ”¹ BlackRock once again demonstrated absolute strength with net purchases of $55.35 million, accounting for almost all of the inflow.

šŸ”ø Fidelity disappointed with net withdrawals of nearly $7 million.

šŸ”¹ The fact that the recovery relies so heavily on BlackRock's buying power raises serious questions about its sustainability.

Do you think BlackRock is anticipating news or is this just a routine portfolio restructuring?

This article is for reference only; this is not investment advice. Please read and consider carefully before making a decision.