Matrixport: Futures cool down, while Bitcoin ETF remains stable, the market is waiting for new catalysts

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ODAILY
3 days ago
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Odaily reports that according to Matrixport's chart, as of mid-December 2024, Bitcoin ETF inflows and Bitcoin futures open interest both reached around $35 billion. Subsequently, futures positions have declined significantly, while Bitcoin ETF inflows have remained relatively stable. This suggests that short-term traders are exiting the market, likely selling their positions to long-term investors. Currently, funding rates and market trading volume are both relatively low, and unless a new macroeconomic catalyst emerges, the likelihood of a significant increase in Bitcoin ETF inflows is relatively small.

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