#加密安全须知 Market Trends and Capital Flows

1. Bitcoin ETF Continues to Attract Capital, Prices May Reach New Highs

The US spot Bitcoin ETF has seen a net inflow for 19 consecutive days, with nearly $1.7 billion flowing in this week. If the trend continues, Bitcoin may break the historical high of March ($73,835).

Capital Divergence: Ethereum ETF performs strongly (e.g., BlackRock saw a single-day inflow of $73.18 million), while some Bitcoin ETFs (e.g., Fidelity) experienced net outflows, increasing short-term adjustment pressure on BTC.

2. Trump-themed Tokens Experience High Volatility

The public conflict between Trump and Musk (see below for details) led to a 24-hour drop of over 9% for the TRUMP token. Trump Media Technology Group (TMTG) submitted the Bitcoin ETF S-1 registration document, planning to launch a Bitcoin ETF through Truth Social.