Bitcoin ETF Inflows Steady at $35 Billion Amid Declining Futures Positions and Low Market Volatility

Matrixport recently released a key report highlighting the current state of the Bitcoin ETF market. As of mid-December 2024, total inflows into Bitcoin ETFs and the open interest of Bitcoin futures have both surged to an impressive $35 billion. This data signals a notable trend wherein futures positions are witnessing a sharp downtrend, while inflows into Bitcoin ETFs are stabilizing. Such dynamics suggest that many short-term traders are liquidating their positions, potentially reallocating funds to long-term investors. Presently, both the funding rate and overall market trading volume are experiencing a period of relative stagnation. Unless unforeseen macroeconomic catalysts materialize, the continued expansion of Bitcoin ETF funds may face significant headwinds, impeding its upward trajectory in the near future.