Matrixport: Bitcoin ETF funds have been flowing out for two consecutive months, retail investors' interest is low

According to Matrixport analysis, Bitcoin ETFs have seen net outflows for two consecutive months. Although the inflow of funds has remained positive since the beginning of the year ($1.05 billion), this data is mainly due to a surge of $5.3 billion in January. Recently, Bitcoin ETF performance has been noticeably weak, especially compared to safe-haven assets like gold, which continues to reach new historical highs.

The flow of funds shows that Bitcoin ETFs still heavily rely on favorable financing rates and arbitrage opportunities rather than broad investor interest. Coupled with the low speculative sentiment among retail investors in the crypto market, it's difficult for Bitcoin ETF fund inflows to significantly rebound in the short term.