Since 2022, Bitcoin ETFs have been approved in major markets such as the United States, Brazil, Hong Kong, and Australia, marking a broader acceptance of digital assets. Binance, as a leading global blockchain ecosystem, has seen significant attention towards its related ETFs. According to Binance Research, since the launch of spot Bitcoin ETFs, nearly 80% of demand has come from retail investors, who tend to move assets from wallets and centralized exchanges to ETFs for stronger regulatory protection. At the same time, institutional demand is also growing, with investment advisors and hedge funds performing notably. As the cryptocurrency market evolves, the fund flows, market performance, and appeal of Binance ETFs among different investor groups are all worthy of continued attention.