$BTC $ETH Figure 1: Last night, Bitcoin ETFs, besides BlackRock, also net bought more than 4,200. BlackRock’s data came out later; yesterday saw a big surge, so I guess their purchases weren’t much either. Figure 2: Last night, Ethereum ETFs, besides BlackRock, net bought more than 2,500. I’ll update BlackRock’s purchase data later. Figure 3: This data finally looks good. US institutions have already started net buying. Figure 4: The order book shows that the 90k sell pressure seems to be quite significant.