The capital attraction effect of spot ETFs shows no signs of weakening. In the most recent trading day, the total net inflow of Bitcoin spot ETFs approached $700 million, with BlackRock's IBIT alone attracting $372 million in a single day, nearly half of the total inflow. Even more impressive, the cumulative net inflow of these ETFs has surpassed $62.7 billion, maintaining a leading position in the market.

Ethereum is also not to be outdone. As we enter 2026, just two trading days in, the net inflow of Ethereum spot ETFs has exceeded $340 million, with BlackRock's ETHA pulling in $102.9 million in a single day, and Fidelity's FETH securing $21.8 million. These figures indicate that traditional capital's enthusiasm for crypto assets remains strong.

What’s more interesting is the industry’s outlook for the future. A recent statement from an investment company's chief investment officer noted that Bitcoin’s technical pattern has significantly improved, and the chart looks "ready to restart," with expectations of reaching new highs. The analyst directly linked this outlook to changes in the US regulatory environment and Wall Street’s on-chain deployment. He specifically mentioned the regulatory authorities’ statements about "the capital market gradually migrating onto the chain," as well as ongoing investments by financial giants like JPMorgan in infrastructure.

However, he also offered a rational reminder: short-term corrections in Bitcoin, or even phased underperformance compared to precious metals, are normal phenomena. Investors should adopt a longer-term perspective on volatility. As traditional finance increasingly moves onto the chain, the connection between the crypto market and mainstream capital is indeed becoming closer.

What do you think about this round of market movement driven by major institutions? Are you more optimistic about Bitcoin or Ethereum? Feel free to share your thoughts.