Matrixport: Futures Cool Down While Bitcoin ETF Holds Steady, Market Awaits New Catalysts

BlockBeats News, March 19th, Matrixport released today's chart, stating that by mid-December 2024, both Bitcoin ETF inflows and Bitcoin futures open interest had reached approximately $35 billion. Subsequently, futures positions saw a significant drop, while Bitcoin ETF inflows remained relatively stable.

This indicates that short-term traders are exiting, potentially selling their chips to long-term investors. Currently, funding rates and market trading volume are both low, and unless new macro catalysts emerge, the likelihood of significant growth in Bitcoin ETF funds is small.