Dear traders! The game doesn't start until 2025, and the funding parties in the circle are already planning their strategies for 2026. On one side, well-dressed institutional investors are discussing ETFs and regulatory frameworks in conference rooms; on the other side, retail traders are cheering in groups over the volatility of a hot coin—this stark contrast is indeed quite interesting.

Today, I won't cite others' arguments but will simply share my insights after tracking data for the past three months and communicating with more than a dozen seasoned market professionals. The four directions for 2026 are basically settled and can be considered the trends on the table.

First, let's talk about ETFs. Don't ask "Will it happen," the real question is "How much will it be." Based on my judgment, the number of crypto ETF products in 2026 is conservatively estimated to surpass 100. Not limited to leading coins like Bitcoin and Ethereum, many mainstream coins will also follow suit and launch ETF products. More importantly, the net inflow of Bitcoin ETFs could reach around $50 billion, and it might even flow into traditional financial retirement accounts. Imagine your parents indirectly holding Bitcoin through retirement funds—this level of penetration is definitely worth paying attention to.

Of course, not every ETF will attract funds. There have been cases in 2025 where certain coin ETFs attracted over 10 billion dollars, but many products still go unnoticed. The key factors are the regulatory clarity of the underlying assets and their practical application value.