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

Odaily Planet Daily News: Matrixport released today's chart stating that as of mid December 2024, the inflow of Bitcoin ETF funds and open interest contracts in Bitcoin futures both reached approximately $35 billion. Afterwards, futures positions fell sharply, while Bitcoin ETF fund flows remained relatively stable. This indicates that short-term traders are exiting and may sell their chips to long-term investors. At present, the funding rate and market trading volume are both low, and unless a new macro catalyst emerges, the possibility of significant growth in Bitcoin ETF funds is relatively small.