According to data from SosoValue, net outflows hit $268 million, driven largely by BTC’s lack of momentum.
This kind of stagnation often leads institutional players to rotate into other markets or adopt a holding pattern until clearer price direction emerges.
Despite the ETF slowdown, optimism remains strong in the derivatives market. Bitcoin futures continue to show bullish traction, with a positive funding rate of 0.0038%, indicating long-position traders are confident in further upside.
Options markets tell a similar story. Traders are snapping up calls—contracts that reflect bets on rising prices—hinting that expectations of a breakout remain intact.
While ETFs reflect caution, the futures and options data suggest that many still believe Bitcoin could be gearing up for its next major move.
