Matrixport: Futures cool down, while Bitcoin ETF remains stable, the market quietly awaits new catalyst

Odaily Planet Daily reports that Matrixport released a chart today stating that by mid-December 2024, both the inflow of funds into Bitcoin ETFs and the open interest in Bitcoin futures contracts reached approximately $35 billion. Subsequently, futures positions fell sharply while the flow of funds into Bitcoin ETFs remained relatively stable.

This indicates that short-term traders are exiting the market, possibly selling their stakes to long-term investors. Currently, funding rates and market trading volumes are low; unless there is a new macro catalyst, significant growth in Bitcoin ETF fund inflows is unlikely.