🚀Crazy Bull Market? Bitcoin Breaks $100,000, But ETFs Are 'Silent'!

Just as the market celebrates Bitcoin's breakthrough of $100,000, the inflow of funds into spot ETFs has quietly cooled, raising concerns: Are institutional funds really still buying?

At the beginning of May, Bitcoin ETFs attracted $260 million in just two days, which seems strong on the surface, but is a significant drop compared to the earlier peak of $917 million. Although Bitcoin's price has reached new highs, the buying power for ETFs is not as strong as before.

More notably, a heavyweight asset management company that has long held the top spot for inflows is seeing a substantial decrease in its ETF's daily inflow amounts from its peak; meanwhile, another traditional giant is rising, attracting over $75 million in just two days, seemingly vying to reclaim market dominance.

At the same time, another corner's Ethereum ETFs are underperforming, facing capital outflows for three consecutive days, with over $16 million flowing out in a single day. Another company has taken a different approach, successfully submitting an application for a spot Solana fund, aiming to tap into the next growth engine.

Bitcoin is surging, but ETFs are showing divergence—perhaps the investment logic of institutional investors is quietly changing.