Latest data shows that despite a pullback in the Crypto Assets market, the Ethereum (ETH) ETF attracted about $2.9 billion in inflows over the past week. This figure pushed the total inflows for Crypto Assets ETFs to a record $3.75 billion in a single week.

It is worth noting that although Bitcoin has cooled down somewhat after breaking through $124,000, Ethereum has exhibited strong market performance, with a trading volume reaching an astonishing $17 billion, setting a new historical high. Meanwhile, other crypto assets such as Solana (SOL) and Ripple (XRP) have also attracted investors' attention and received additional funding support.

Analysts point out that Ethereum's ability to maintain such strong capital inflows during the market adjustment period may indicate its capacity to weather this pullback. More importantly, this may hint that the next phase of the Crypto Assets market is about to arrive, which is the much-anticipated "altcoin season."

However, investors still need to be cautious and closely monitor market trends. Despite the strong momentum of capital inflows, the volatility of the crypto assets market remains high. The future direction of the market will depend on various factors, including but not limited to the global economic situation, changes in the regulatory environment, and the attitudes of mainstream institutions towards crypto assets.

As the cryptocurrency market continues to mature, we may see more institutional investors entering this field, further driving market development. At the same time, investors should also be prepared for risk management and allocate assets appropriately to cope with potential market fluctuations.