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Yesterday, both BTC and ETH ETFs had a net inflow of over 400 million USD, the data is almost the same, but the market data is different — BTC is in red, ETH is in green.
This is quite interesting, either a big whale is quietly shifting their holdings to ETH, or there are significantly more whales and institutions recently accumulating ETH compared to BTC.
Looking at the capital flow in the past two days, it feels like ETH has a bit more confidence than BTC in this wave.
It's not that BTC is going to cool down, but rather that the chips on the ETH side may have already been locked in by certain people.