10x Research: Only $17.5 billion (44%) of the net inflow into Bitcoin ETFs represents real bullish buying

2025-02-24 08:28:51

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ChainCatcher news, 10x Research analysis states that despite attracting a net inflow of $38.6 billion since the launch of the Bitcoin ETF in January 2024, its analysis indicates that only $17.5 billion (44%) represents genuine bullish buying. Most (56%) may be related to arbitrage strategies, where short positions in Bitcoin futures offset the inflows.

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Column New Developments on Bitcoin ETF

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