🧠《Evening Summary》

📰 Major Positive/Negative News:

- Ethereum spot ETF recorded a net inflow of approximately $370 million today, marking the 8th consecutive day of inflows, indicating strong institutional buying (positive for ETH). Source: Farside Investors / SoSoValue, the report states, "Bitcoin ETF inflows this week have lagged behind ETH."

- SEC has postponed its decision on the Solana ETF until October 16, which may dampen market sentiment for Solana (negative expectation).

📊 Long/Short Ratio (ETH):

- Coinglass data shows that the ETH long/short ratio is approximately 49% long / 51% short (slightly bearish).

- Source: Coinglass Global Long/Short Ratio page.

🛂 Regulatory Developments:

- Europe: Kraken has obtained EEA-wide operating license under the MiCA framework (positive for compliant expansion).

- USA: The Federal Reserve announced the cancellation of new roles specifically overseeing crypto/fintech, to be replaced by the regular banking supervision system (leaning towards neutral regulatory integration).

- Hong Kong: Stablecoin regulations are being advanced, with the first batch of stablecoin licenses expected to be issued in early 2026 (ongoing regulatory progress, leaning positive).

📊 Fund Flows:

- No single whale-level transfers have been detected today (any unusual activity can be reported at any time).

- Strong inflows into the Ethereum ETF imply a clear increase in institutional buying willingness.

🧠 Brief Commentary:

- Continuous net inflows into the ETH ETF, along with Kraken's compliance expansion, create a dual positive backdrop of compliance and demand;

- The slightly bearish long/short ratio indicates that there is still some indecisiveness in the short term, but ETF fund flows provide rebound support;

- The delay in the Solana ETF decision may suppress the short-term upward momentum of related assets, but the overall structure of the crypto market still leans towards a medium-term bullish outlook.

- "ETH ETF has seen continuous net inflows for 8 days, do you think this is the starting point for a rebound, or a temporary fund migration?"

- "What do you think about the Solana ETF delay, will it affect the overall sentiment of altcoins? Feel free to leave comments for discussion!"