#数字资产投资产品 Recent inflow data for digital asset investment products is really sending an interesting signal—three consecutive weeks of moderate inflows, with a weekly scale of $864 million. What does this reflect?

I believe this is a critical moment as market sentiment shifts from cautious to optimistic. Notably, the US market leads with an injection of $796 million, followed by Germany and Canada, indicating that mainstream markets are steadily increasing their recognition of digital assets. Moreover, Ethereum's performance is particularly impressive—$13.3 billion inflow this year, a 148% year-over-year increase, far surpassing Bitcoin's performance.

What’s even more exciting is that we see the upcoming Hyperliquid ETF from Bitwise also progressing through the approval process, with a fee rate set at 0.67%, and the stock ticker BHYP has been confirmed. What does this mean? It signifies that the boundaries between traditional finance and Web3 are further blurring, allowing more ordinary investors to participate in the decentralized ecosystem through familiar ETF products.

The continuous outflow of products that short Bitcoin is another detail that cannot be ignored—market sentiment for shorting is waning, and institutional allocation enthusiasm is rising. Infrastructure projects like decentralized lending and oracles are also continuously attracting funds, which is a sign of long-term Web3 ecosystem development.

This is not just investment data; it’s the prelude to financial democratization. The entry of institutions creates opportunities for retail investors, and the expansion of ETFs enables more people to participate. The future is already here, just not evenly distributed yet. Now is the golden period for catching up.