Matrixport: Short-term inflows into Bitcoin ETFs are unlikely to recover, while gold performs better
ChainCatcher news, Matrixport released today's chart stating that Bitcoin ETFs have experienced net outflows for the second consecutive month. Although the year-to-date inflows remain positive ($1.05 billion), this figure is primarily due to a surge of up to $5.3 billion in January. However, recent ETF performance has shown significant weakness, especially compared to safe-haven assets like gold, which continues to set historical highs.
The flow of funds indicates that Bitcoin ETFs remain highly dependent on favorable financing rates and arbitrage opportunities, rather than widespread investor interest. Given the continued low retail speculation sentiment in the crypto market, substantial inflows into Bitcoin ETFs are unlikely to see a significant rebound in the short term.