#数字资产投资产品 Recently, I've been paying close attention to the data on this wave of capital flows, and it's interesting. Digital asset investment products have experienced mild net inflows for three consecutive weeks, with $864 million entering the market last week. This pace seems to suggest that institutions are testing the waters. Bitcoin saw inflows of $522 million, and short products have been bleeding for the second week in a row, indicating that market sentiment is indeed recovering. However, I noticed a detail — Bitcoin's inflow of $27.7 billion this year compares to $41 billion last year, a reduction of one-third.

In comparison, Ethereum's inflow of $13.3 billion this year has shown an exceptionally bright growth rate of 148% year-over-year, which clearly illustrates the situation. Bitwise's Hyperliquid ETF (stock code BHYP, fee rate 0.67%) is about to be listed, further confirming institutional enthusiasm for multi-chain ecosystems.

The key is how to follow this trend. While capital is flowing in, the pace is cautious. The market has been weak despite rate cuts, indicating that this isn't simply a rise in risk appetite but rather selective sector picking. If you want to participate, instead of blindly following the overall market, it's better to focus on niche products with clear themes and sustained capital inflows. Risk management is always the top priority — continuous inflows are a good sign, but don't forget to set proper stop-losses.