Bitcoin ETF Attracts Significant Inflows Amid Arbitrage Strategies

According to PANews, 10x Research has analyzed the performance of Bitcoin ETFs since their launch in January 2024. Despite attracting a net inflow of $38.6 billion, the analysis reveals that only $17.5 billion, or 44%, represents genuine long positions. The majority, 56%, is likely linked to arbitrage strategies, where inflows are offset by short positions in Bitcoin futures.