The movement of Ethereum spot ETFs is getting interesting. While Fidelity has withdrawn over $66 million, BlackRock has been inflowing more than $41 million. Are opinions among institutional investors also divided?



BlackRock's ETHA has accumulated over $68 million in inflows, and Grayscale continues to see steady inflows. On the other hand, Fidelity has experienced over $650 million in outflows. I wonder what the cause of this difference is. It might be related to differing outlooks on staking and validator-related earnings.

The total net assets of spot ETFs have exceeded $11.3 billion, with cumulative inflows over $11.6 billion. The overall market seems solid, but strategies among players are quite different. In the short term, liquidity fluctuations may also occur.
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