#数字资产动态追踪 Recently, ETF buying activity has continued, and the market has indeed been pushed upward by this influx of funds. Just yesterday, XRP ETFs saw an inflow of $13.59 million, marking the 29th consecutive day of net inflows, with the total scale reaching approximately $1.18 billion. The popularity of Avalanche has also surged, with social media discussions skyrocketing.

Honestly, ETFs have a significant impact on the crypto assets space. They change the game—previously, retail investors wanting to hold Bitcoin, Ethereum, and other assets had to register on exchanges, manage private keys, and face various barriers. Now, they can buy directly through regular brokerage accounts, and traditional investors no longer need to be hindered by these technical details. Since the launch of the US spot Bitcoin ETF, the inflow of funds has already reached hundreds of billions of dollars, which shows how strong the demand is.

But everything has two sides. While ETF inflows can push prices higher, large-scale redemptions can also cause sharp sell-offs. Moreover, the Bitcoin held within ETFs is actually stored in custodial accounts of large institutions, which somewhat contradicts the original "decentralized" ethos.

Overall, the benefits of ETFs outweigh the drawbacks. They truly bring crypto assets into the radar of traditional finance, and this shift is highly significant. Based on the changing attitude of the SEC, more ETFs for different cryptocurrencies may be approved in the future—SOL, ADA, and even some DeFi tokens could get on board. Once this door opens, capital inflows will become more accessible, but the market will also be more influenced by traditional financial cycles and sentiment. The crypto market is transitioning into a "mainstream" phase—this is both an opportunity and a new challenge. $ETH