Odaily Planet Daily reports: Jiang Zhuo'er posted on X that the ETF fund flows on the first U.S. stock market trading day following the crypto market's surge hold significant reference value. Data shows a net inflow of $314 million into BTC ETFs and $180 million into ETH ETFs. He believes this indicates that U.S. stock market capital is still chasing long positions, and the probability of BTC falling back below $67,000 after this rally is low.
Jiang Zhuo'er also noted that the inflow into ETH ETFs is equivalent to 57.2% of that into BTC ETFs, significantly higher than ETH’s 18.8% share of the total market cap relative to BTC, suggesting that ETH still exhibits characteristics of a "bull market engine." Additionally, he stated that if the U.S. CLARITY Act is passed, financial assets such as the U.S. dollar, U.S. stocks, and U.S. Treasuries may accelerate their migration onto chains, tokenization, and smart contract integration, driving the growth of the RWA market and increasing market attention toward relevant public blockchains.