Odaily星球日报讯 Matrixport 发布今日图表称，比特币 ETF 已连续第二个月出现净流出。尽管年初至今的资金流入仍保持正值（10.5 亿美元），但这一数据主要得益于 1 月份高达 53 亿美元的激增。然而，近期 ETF 表现明显疲软，尤其是相比黄金等避险资产，黄金持续创下历史新高。 资金流向表明，比特币 ETF 依然高度依赖有利的融资利率和套利机会，而非广泛的投资者兴趣。鉴于加密市场散户投机情绪依旧低迷，短期内比特币 ETF 资金流入难有实质性回暖。

Odaily星球日报讯 Matrixport 发布今日图表称，比特币 ETF 已连续第二个月出现净流出。尽管年初至今的资金流入仍保持正值（10.5 亿美元），但这一数据主要得益于 1 月份高达 53 亿美元的激增。然而，近期 ETF 表现明显疲软，尤其是相比黄金等避险资产，黄金持续创下历史新高。资金流向表明，比特币 ETF 依然高度依赖有利的融资利率和套利机会，而非广泛的投资者兴趣。鉴于加密市场散户投机情绪依旧低迷，短期内比特币 ETF 资金流入难有实质性回暖。

Matrixport：短期内比特币ETF资金流入难以回暖，黄金表现更胜一筹

<Odaily> Planet Daily News: Matrixport released a chart today stating that Bitcoin ETF has experienced net outflows for the second consecutive month. Although the year-to-date capital inflow remains positive ($1.05 billion), this data is primarily due to a surge of $5.3 billion in January. However, the ETF performance has recently shown significant weakness, especially compared to safe-haven assets like gold, which continues to hit historical highs. The fund flow indicates that Bitcoin ETF still heavily relies on favorable financing rates and arbitrage opportunities, rather than broad investor interest. Given the continued low speculative sentiment among retail investors in the crypto market, substantial capital inflow into Bitcoin ETF is unlikely to recover in the short term.

<Odaily> Planet Daily News: Matrixport released today's chart, stating that Bitcoin ETF has experienced net outflows for the second consecutive month. Although the year-to-date capital inflow remains positive ($1.05 billion), this data is primarily due to the surge of $5.3 billion in January. However, the ETF performance has recently shown significant weakness, especially compared to safe-haven assets like gold, which continues to hit historical highs. The capital flow indicates that Bitcoin ETF still heavily relies on favorable financing rates and arbitrage opportunities, rather than broad investor interest. Given the continued low speculative sentiment among retail investors in the crypto market, substantial recovery of Bitcoin ETF capital inflows is unlikely in the short term.

Matrixport: Bitcoin ETF capital inflows are unlikely to pick up in the short term, while gold outperforms

<Mars Finance News>, according to CoinShares' latest weekly report, digital asset investment products saw an inflow of $226 million last week, indicating that investors maintain a positive but cautious attitude. After setting a record for the largest capital outflow, ETPs have experienced inflows for nine consecutive trading days. Bitcoin's total inflow reached $195 million, while short-term Bitcoin investment products continued to see outflows for the fourth consecutive week, totaling $2.5 million. Recent price declines have caused the total managed assets of global Bitcoin ETPs to drop to their lowest level since the US election, at $114 billion. Altcoins saw their first weekly inflow of $33 million, following four consecutive weeks of outflows totaling $1.7 billion. The main beneficiaries were Ethereum, Solana, XRP, and Sui, with inflows of $14.5 million, $7.8 million, $4.8 million, and $4 million, respectively.

CoinShares: Digital asset investment products saw $226 million in inflows last week

On March 31, Matrixport released a daily chart analysis stating that <ETH> has dropped 50% since reaching a high of $3,668 on January 7, 2025. The on-chain activity in the entire <ETH> ecosystem has significantly slowed down, and with weakening fundamentals and persistently low <ETH> demand, market sentiment is clearly bearish.

As several key risk events approach, the derivatives market has begun pricing in a 10% significant volatility (in either direction) within the next week. Notably, <ETH> price is gradually approaching the lows seen during the FTX collapse. Additionally, FTX is expected to begin repaying major creditors on May 30, 2025.

Matrixport: Ethereum is close to the lows of the FTX crash, and fundamentals are weak

Major policies and data will be released, and market risk aversion sentiment is strong.