In terms of capital flows, according to SoSoValue data, the US Bitcoin ETF and Ethereum ETF continue to attract capital inflows. Yesterday (May 27), the US Bitcoin ETF had a net inflow of approximately US$350 million, which was the eighth consecutive day of net inflow; the US Ethereum ETF had a net inflow of approximately US$45 million, also for eight consecutive days. The continued inflow of institutional funds has provided strong support for the prices of Bitcoin and Ethereum, and also shows that institutional investors are optimistic about the long-term crypto market. In addition, the 24-hour Bitcoin contract market liquidation amount was approximately US$150 million, of which long liquidation was approximately US$48 million and short liquidation was approximately US$89 million. The amount of short liquidation was higher than that of long liquidation, indicating that the bearish force has suffered another blow.
