Bitcoin exchange-traded funds saw modest inflows of $15 million, a shift from the previous outflows of $713 million, but it is the smallest inflow in 2025, indicating a sense of caution among investors.
Despite Bitcoin rising 3% to $87,641, open interest in futures contracts declined by 2%, suggesting that traders lack conviction in the continuation of the rally.
The positive funding rate of 0.0052% indicates some bullish sentiment, with the number of long traders outnumbering short traders despite the caution in the broader market.