Odaily News Matrixport released a chart today saying that as of mid-December 2024, Bitcoin ETF inflows and Bitcoin futures open interest both reached about $35 billion. Since then, futures positions have fallen sharply, while Bitcoin ETF fund flows have remained relatively stable.
This indicates that short-term traders are exiting the market and may be selling their holdings to long-term investors. Currently, both funding rates and market volumes are low, and unless new macro catalysts emerge, significant growth in Bitcoin ETF funds is unlikely.