Yesterday, the overall net inflow of funds was 31.6 million. This is the third consecutive day of positive ETF fund inflows, which has a strong boost to the crypto market. Last night, the outflow of Grayscale GBTC increased to 67 million, but bitb and arkb performed well, with funds flowing in 23 million and 33 million respectively, and then BlackRock continued to maintain a stable output, so even if Fidelity FBTC fell again last night, the market as a whole completed a net inflow of more than 30 million. In addition to Bitcoin ETF, there was a lot of news about Ethereum ETF last night. First, the SEC postponed the ETF application of Grayscale and Franklin Templeton, and solicited public opinions on BlackRock's ETF proposal. It can be seen here that BlackRock's strength is still online. Then Grayscale submitted a new mini version of the Ethereum spot ETF application to the SEC again. It seems that Grayscale is determined to win. It is said that this wave of S-3 applications submitted is different from the S-1 applications of BlackRock and the like. This is very similar to the application before Grayscale sued the SEC. Therefore, the market generally believes that if the SEC dares to refuse, it will face Grayscale's lawsuit again. In addition to the pressure that Grayscale has brought to the SEC, the US crypto industry organization has also filed a lawsuit against the SEC in recent days for expanding the definition of securities dealers, but this is mainly related to DEFI. In short, the struggle between crypto and the SEC is about to enter a white-hot stage. In Hong Kong, the spot Bitcoin and Ethereum ETFs jointly issued by HashKey Capital and Bosera International will be open for trading on April 30.