Odaily星球日报讯 CoinShares 研究主管 James Butterfill 在 X 平台发文表示：“尽管本周比特币和数字资产 ETP/ETF 的净流出总额迄今已达到 26 亿美元（创历史新高），但看起来大部分基差交易已平仓，且抛售浪潮正在消退。”

CoinShares研究主管：大部分基差交易已平仓，抛售浪潮疑似渐退

Odaily Odaily News: James Butterfill, head of research at CoinShares, wrote on the X platform: &quot;Although the total net outflow of Bitcoin and digital asset ETP/ETFs this week has reached US$2.6 billion so far (a record high), it looks like most basis trades have been closed and the selling wave is receding.&quot;

CoinShares Research Director: Most Basis Trades Have Been Closed, and the Selling Wave Appears to Be Receding

Odaily reported that according to Bloomberg senior ETF analyst Eric Balchunas, Bitcoin ETFs have been under pressure due to the market downturn, with nearly $1 billion in outflows and $1.8 billion in weekly flows. However, the positive side is that the outflows are less than 2% of the total assets, and considering the extent of the losses, the outflows are not severe. This trend is like taking two steps forward and one step back, and it's just a matter of getting used to it.

Bloomberg analyst: Bitcoin ETF is under some pressure, but the outflow of funds is not serious

Bitcoin is currently down more than 20% from the record high set last month. Yes, the US Bitcoin ETF saw record outflows yesterday.

As Casey pointed out in his recent market report, other markets have also seen a lot of declines.

But that doesn't mean a rebound won't come, right? Although Bitcoin fell further on Wednesday (2 PM ET at $84,200), the S&P 500 and Nasdaq Composite indices remained largely stable.

"Bull markets typically peak when there is excessive leverage, retail frenzy, and a decline in Bitcoin's dominance - not when funding rates..."

Global trade tensions and the Fed's hawkish expectations, traditional markets are weak but Bitcoin still has potential

The decline in the cryptocurrency market is synchronized with the sell-off of other risk assets such as US stocks.

Author: Mary Liu, Bitpush News

Affected by the escalating global trade tensions and the overall selling pressure in the cryptocurrency market, investors' interest in risk assets has continued to decline. In the past 24 hours, Bit has fallen to a daily low of $82,131.90, the lowest since November last year, Ethereum has fallen to around $2,300, XRP and Solana have fallen by nearly 5%, and the overall market sentiment remains fragile.

Trade war concerns reignited: Macroeconomic...