Bitcoin spot ETFs recorded net inflows of $180 million yesterday, achieving consecutive net inflows for 5 days. What deserves attention about this data is: this is not short-term speculation, but sustained institutional allocation behavior. BlackRock's IBIT contributed $144 million in a single day, accounting for 80% of total inflows, demonstrating that traditional financial giants are accelerating their deployment.

Against the backdrop of escalating U.S.-Iran tensions, oil prices breaking $100, and global equity markets under pressure, capital's continuous inflows into Bitcoin ETFs sent a clear signal—institutions are incorporating crypto assets into their portfolio tools for hedging geopolitical risks.

ETFs have become an undeniable pricing force in the Bitcoin market. Consecutive net inflows break the previous cycle pattern, indicating that market sentiment has shifted from observation to action. For the crypto sector, this is a positive signal of confidence recovery, and more importantly, it represents mainstream capital casting votes of trust with real money. #比特币升回7万 $KAT