1. BTC ETF has seen net outflows for 4 consecutive days, and even more rare is that the leading BTC ETF provider BlackRock's IBIT saw a massive $180 million outflow on December 24th, as BlackRock had been buying for almost a year, this is the first time they have seen such a large outflow. 2. ETH ETF has overall been in a net inflow state in the recent 4 days, especially BlackRock's ETHA, which has been steadily increasing its holdings, institutions have already started positioning themselves for the style rotation next year.