Look at what's happening with the Bitcoin spot ETFs in the US. Last week, there were three days of net inflows, totaling about $816 million. BlackRock's IBIT led the way, with $612 million alone. See how interest in Bitcoin spot continues to be strong?

And it's not just Bitcoin. Ethereum ETFs also saw positive movement, with $187 million in inflows. BlackRock's ETHA was the highlight, receiving $168 million. Four Ethereum ETFs with positive flows at the same time—that really shows confidence.

But there's more interesting stuff happening. BlackRock launched an Ethereum staking ETF with a management fee of 0.25% on promotion, but it charges 18% of staking yields. It seems high at first glance, but according to analysts, this covers custody, slashing risk, and other operational expenses. Compared to what cryptocurrency platforms charge, it's still more affordable.

In Hong Kong, Bitcoin spot ETFs had a much smaller flow, just 4.68 BTC, but the net assets reached $284 million. Harvest Bitcoin reduced its holdings, while China Asset Management maintains its 2,570 BTC.

In the options market, the nominal volume of options on Bitcoin spot ETFs reached $1.15 billion, with a generally bullish sentiment. Implied volatility is at 44.74%, indicating traders are expecting movement.

And there's more news: Bitwise updated the file for the Hyperliquid ETF with ticker BHYP and a fee of 0.67%, which usually indicates an official launch soon. Morgan Stanley also debuted its new Bitcoin ETF with the best first-day performance among all its products. It seems institutional adoption of Bitcoin spot is really accelerating.