Techub News reports, according to SoSoValue data, that the US Ethereum spot ETF had a net inflow of $97.57 million on May 5th Eastern Time. Among them, BlackRock ETHA had a net inflow of $69.48 million, Fidelity FETH had a net inflow of $24.23 million, BlackRock ETHB had a net inflow of $2.44 million, and 21Shares TETH had a net inflow of $1.42 million. Grayscale ETHE, Bitwise ETHW, VanEck ETHV, Invesco QETH, Franklin EZET, and Grayscale ETH had no net fund inflows or outflows.

Honestly, recently watching $ETH has been lingering around 2300 all day, wobbling back and forth, with no strength to push up, and not falling enough when it drops, completely stuck in a deadlock situation. Want to chase the high, but feeling uneasy and not daring to act; hoping it drops, but there's no decent correction to speak of, not even giving a clear direction. Really puzzled, both bulls and bears are just exhausting each other, how long will this frustrating market keep grinding?

EduSeries #2: Reality $MANTA ‌Many retail investors still hope $MANTA to fly to $10 without ever considering tokenomics indicators. Let's analyze the core reality mathematically so you don't keep becoming exit liquidity. ​Technologically, Manta Network (Manta Pacific) is actually solid. They are an Ethereum Layer 2 that uses Celestia for Data Availability (DA), making gas fees in its ecosystem very cheap. However, the critical problem isn't in the technology, but in its economic structure. ​Manta was launched with a classic VC release strategy: Low Float, High FDV. This means the number of tokens in circulation at launch is very small, while billions of other tokens are still locked for the team, advisors, and early investors. Periodically, these vested tokens are unlocked and enter circulation, creating constant selling pressure. ​The simple calculation: With a total supply of 1 billion tokens, if MANTA hits a price of $10, then the FDV (Fully Diluted Valuation) must reach $10 billion. This fantastic figure forces Manta to compete directly with giant L2s whose ecosystems are far more mature. Every time the price tries to climb, the selling wall from unlocked tokens is ready to dampen it. ​In conclusion, $MANTA still has good infrastructure utility, but the $10 target is a heavy illusion. In the Web3 world, good code doesn't automatically make token prices fly endlessly. ​#EduSeries