- After the approval of the US Bitcoin spot ETF, it brought in new funds in the short term, but recent periods have seen phased net outflows, reflecting some investors taking profits or shifting to a wait-and-see stance. - The market is paying attention to the approval progress of the Ethereum spot ETF (SEC's cautious attitude). If approved, it could restart the "Altcoin Season" rally.
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**ETF Capital Flows Diverge**
- After the approval of the US Bitcoin spot ETF, it brought in new funds in the short term, but recent periods have seen phased net outflows, reflecting some investors taking profits or shifting to a wait-and-see stance.
- The market is paying attention to the approval progress of the Ethereum spot ETF (SEC's cautious attitude). If approved, it could restart the "Altcoin Season" rally.