Bitcoin spot ETF released a strong signal yesterday—single-day net inflows reached $753.8 million, hitting a nearly three-month high. Meanwhile, Ethereum spot ETF also performed well, achieving positive inflows for the second consecutive trading day, with approximately $130 million pouring in. Standing at the $3300 mark, Ethereum's next psychological level targets $4000.

The driving forces behind this are worth noting: institutional investors, after completing a round of asset adjustments at the end of the year and the beginning of the new year, are reigniting their enthusiasm for crypto asset allocation. This is reflected not only in the scale of funds but also in market participants' revised expectations for the subsequent market trend. From an ETF perspective, this sustained influx of funds suggests that the demand for asset rebalancing at the institutional level is still fermenting.