What can be inferred from ETF net inflow data? The fund movements in the U.S. crypto market this week reveal quite a few secrets.

This week, Bitcoin spot ETF still demonstrates strong capital attraction—net inflows directly reached $286.6 million. Who benefited the most? BlackRock’s IBIT dominated with $214.1 million, clearly showing the influence of major institutional players. Fidelity’s FBTC followed closely with $84.5 million in weekly inflows, indicating a clear synergy between the top two institutions.

Interestingly, Ethereum ETFs haven't been idle either. This week, net inflows reached $209.1 million, showing that the market's enthusiasm for the second-largest asset isn't as cold as expected. What does this mean? Not everyone is all-in on Bitcoin; a divergence has quietly begun to form.

However, there's a small detour—ARK’s ARKB fund experienced a net outflow of $11 million. Amid the overall upward trend, this institution is actually withdrawing? It could be a strategic adjustment or a different outlook on the market’s future. Either way, it hints at emerging cracks in institutional consensus. Although this outflow isn’t large, it tells us: many are chasing the highs, but not all smart money is increasing their positions.

Farside Investors’ data shows that traditional financial giants are steadily building positions in crypto assets through the compliant ETF channel. Every capital movement reflects the institutional stance of deploying real capital. Regulatory clarity is increasing, and the barriers for traditional capital to enter are gradually being removed—this is no small matter.

This is just the beginning. When Wall Street’s hundreds of billions in capital truly encounters the vitality of the crypto market, how powerful will that collision be? We’ll have to keep watching.