The key to institutional investors entering the crypto market lies in the product format. According to industry analysts, traditional financial institutions and professional investors often lack the energy to deeply research the crypto market—they place greater emphasis on risk management and the convenience of asset allocation. The emergence of ETFs has changed this situation. Through standardized trading tools, institutions can directly participate in the allocation of mainstream assets such as BTC, ETH, SOL, and others, without the need to build infrastructure themselves. This model has proven to significantly lower the barriers to entry for institutions. As multi-chain asset ecosystems like XRP, HBAR, and others improve, more ETF products in vertical fields are expected to be launched, further attracting traditional financial capital inflows.