"Bitcoin Spot ETF Inflows Unlikely to Increase in the Short Term"

Son Min

Summary

Matrixport analyzed that the inflow of Bitcoin (BTC) spot exchange-traded funds (ETFs) is unlikely to increase in the short term.
Bitcoin spot ETFs have recorded net outflows for two consecutive months, and with weakened investor sentiment, inflows are expected to slow down.
The total inflow of Bitcoin spot ETFs for this year is $1.05 billion, largely contributed by the inflow in January.

There is an analysis that the inflow of Bitcoin (BTC) spot exchange-traded funds (ETFs) is unlikely to increase in the short term.

On the 1st (local time), Matrixport stated on X, "Bitcoin spot ETFs have recorded net outflows for two consecutive months," adding, "Investor sentiment towards virtual assets remains weak, making it unlikely for Bitcoin spot ETF inflows to increase in the short term." Furthermore, they added, "The inflow pattern of Bitcoin spot ETFs heavily relies on favorable funding rates and arbitrage, not on growing investor interest."

However, the inflow for this year remains in a net inflow state. The report elaborated, "The total inflow for this year recorded a net inflow of $1.05 billion," adding, "This is influenced by the $5.3 billion inflow in January."

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