比特幣（BTC）交易所交易基金（ETF）昨天看到了大量流入

隨著BTC現在的交易高於$ 90,000的成績，跡象指出了重新獲得機構利益的跡象，因為主要參與者似乎正在堆放回到市場

Yesterday saw significant outflows from Bitcoin exchange-traded funds (ETFs), continuing the trend of net negative flows.

昨天，來自比特幣交易所交易基金（ETF）的大量流出，延續了淨負流量的趨勢。

After two days of outflows, major institutional players appear to be piling back into the market.

經過兩天的流出，主要的機構參與者似乎正在重新湧入市場。

BTC ETF Outflows Continue

BTC ETF流出繼續

On Wednesday, net outflows from US-based spot Bitcoin ETFs totaled $784.58 million, a decrease from the previous day’s outflows of $966.48 million.

週三，來自美國現貨比特幣ETF的淨流出總計7.8458億美元，比前一天的流出量減少了9.6648億美元。

This marked the third consecutive day of outflows from the ETFs, which began on Monday with a small outflow of $166.40 million.

這標誌著ETF連續第三天的流出，該一天從周一開始，略有1.664億美元的流出。

However, compared to the massive outflows witnessed in December and November, these outflows are relatively modest.

但是，與12月和11月見證的大量流出相比，這些流出相對謙虛。

Among the ETFs, Ark Invest and 21Shares’ ETF ARKB saw the highest daily net outflows, reporting outflows of $261.37 million.

在ETF中，ARK Invest和21shares的ETF ARKB看到了每日最高的淨流出，報告的流出量為2.6137億美元。

Fidelity’s ETF FBTC followed with net outflows of $244.34 million. The ETF’s total historical net outflows now stand at $11.37 billion.

Fidelity的ETF FBTC隨後淨流出為2.4434億美元。 ETF的總歷史淨流出現在為113.7億美元。

BTC's Price Drops, But Derivatives Traders Are Active

BTC的價格下跌，但衍生品交易者很活躍

On the derivatives side, open interest in BTC futures has also declined, arriving at its lowest point since January 24.

在衍生產品方面，對BTC期貨的開放興趣也下降了，自1月24日以來到達了其最低點。

At press time, BTC trades at $88,488, noting a 3% price drop over the past day. During the same period, its futures open interest has also decreased by 13%. As of this writing, it stands at $63.24 billion.

發稿時，BTC的交易價格為88,488美元，指出過去一天的價格下跌了3％。在同一時期，其期貨開放興趣也下降了13％。截至撰寫本文時，它的資金為632.4億美元。

When an asset's price and open interest decrease simultaneously, it signals weak conviction behind the move. It means less capital is entering the market to support the uptrend.

當資產的價格和開放利息同時下降時，它標誌著此舉背後的信念弱。這意味著減少資本進入市場以支持上升趨勢。

However, not all indicators point to bearish sentiment.

但是，並非所有指標都指向看跌的情緒。

Despite BTC's price setback over the past day, the funding rate remains positive, suggesting that traders are paying a premium to long the coin in the futures markets. The coin's funding rate is currently at 0.03%.

儘管BTC在過去一天的價格挫折，但資金率仍然是積極的，這表明交易者正在向期貨市場上的硬幣長期支付溢價。硬幣的資金率目前為0.03％。

This indicates that more traders are optimistic about BTC's current price action and are hoping to ride the existing trend.

這表明，更多的交易者對BTC當前的價格行動感到樂觀，並希望能夠利用現有趨勢。

Additionally, the put-to-call ratio is heavily skewed towards calls. This indicates strong investor confidence and expectations of further upward price movement among BTC options traders.

此外，提取的比例大大偏向呼叫。這表明投資者強烈的信心和對BTC期權交易商之間進一步向上價格變動的期望。

With BTC struggling to stabilize and major institutional players pulling back, the coming days could reveal whether this momentum holds.

隨著BTC努力穩定，主要的機構參與者退縮，未來幾天可能會揭示這種勢頭是否存在。