ChainCatcher message, Matrixport’s analysis states that the inflow of funds into Bitcoin ETFs has significantly slowed down, mainly due to the narrowing of the market basis.
The report points out that retail participation remains low, and trading volume data from the Korean crypto market shows that retail buying demand is not obvious. Due to the lack of incremental buying support, the funding rate for perpetual contracts has remained low for a long time, which compresses the profit space of basis trading (cash-and-carry arbitrage), limiting the inflow of incremental funds into Bitcoin ETFs. Analysts believe this confirms the March 2024 judgment: without retail-driven spot-futures spread movement, institutional capital allocation cannot accelerate, leading to an extended consolidation phase.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Samourai Wallet Domain Taken Over by Scammers After FBI Seizure, Used to Build Phishing Website
Bitcoin privacy wallet Samourai Wallet's official domain was seized by the FBI and subsequently taken over by scammers, who are now using it to set up phishing websites to lure users into downloading malware. The domain registrar is NameCheap, and users have complained without receiving a response. Samourai Wallet launched in 2015 and was prosecuted by the U.S. Department of Justice for alleged money laundering.
GateNews1m ago
Russia Approves "Digital Currency and Digital Rights Act," Mainstream Assets Including BTC, ETH, SOL Meet Admission Standards
The Russian government has approved the Digital Currency and Digital Rights Bill. The central bank will review and authorize digital assets permitted for circulation, establish strict listing conditions, ban privacy coins, set an annual investment limit of $4,000 for investors, impose substantial fines and prison sentences on non-compliant exchanges and mining enterprises, and the bill must complete review by 2026.
GateNews14m ago
4 U.S. Economic Events That Could Shake Bitcoin This Week
Bitcoin hovers around $68,000 amid significant U.S. economic data expected to influence interest rate expectations and market risk appetite. Key indicators like PMI and unemployment claims could signal economic health, impacting Bitcoin's performance based on potential Fed policy adjustments.
TapChiBitcoin40m ago
Australian Pension Fund Hostplus Considering Opening Cryptocurrency Investment to Members Through Choiceplus Option
One of Australia's largest pension funds, Hostplus, is considering incorporating cryptocurrency into its investment options. Its Chief Investment Officer stated that it is researching channels to provide members with allocation opportunities for digital assets such as Bitcoin through Choiceplus.
GateNews1h ago
BTC-Gold Gap Reflects Retail vs Central Bank Demand Split, Analyst Says
The 2026 split between gold and Bitcoin is being read through the lens of two distinct buyer groups, according to Stephen Coltman, head of macro at 21Shares, a provider of crypto exchange-traded products. While gold has benefited from a sustained wave of central-bank purchases, Bitcoin remains
CryptoBreaking1h ago
