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Interpreted from two levels: on the trading level, this is an important market sentiment indicator, and high-frequency capital flow data can be used to judge short-term market momentum; on the investment level, more attention will be paid to its long-term trends and the overall scale of assets (AUM), as daily fluctuations rarely change the long-term value judgment of the assets themselves. The real focus is on how these products provide a compliant exposure to crypto assets for traditional financial markets, and their long-term capital absorption ability is the key measure of their success or failure. #美国PPI数据高于预期