Odaily Planet Daily News: Matrixport released today's chart stating that in 2025, the net inflow of funds into Bitcoin ETFs will only be slightly above zero, despite strong performance at the beginning of the year, recording nearly $5.5 billion in inflows. This phenomenon is quite unexpected, as Bitcoin has outperformed US technology stocks this year, while gold has also reached a historic high.
It is worth noting that the total net inflow of Bitcoin ETFs was $35.5 billion, with BlackRock accounting for $39.6 billion and Fidelity accounting for $11.4 billion, totaling the vast majority of the market share. In contrast, the inflow from other ETF issuers is relatively limited.
This indicates that current buying orders are more likely to come from specific institutional customer groups rather than being driven by a wide range of retail funds. If it were the latter, the inflow of funds would be more evenly distributed among various ETF providers.