Investments in BTC-ETF have returned, but Bitcoin remains weak.

Last Thursday, the bitcoin ETF closed in the positive again: investors put more than $100 million into it. This influx was recorded after a notable outflow of funds on Wednesday - $169.87 million.

With a net inflow of $15.85 million since the beginning of the week, the market seems ready to finish it on a positive note.

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Institutions are returning

The return of institutional investments this week indicates a resurgence of confidence among investors in the bitcoin ETF. The strong growth in inflows after the outflow on Wednesday suggests that this was just a temporary dip, not the start of a new bear trend.

Overall, this picture reflects that institutional investors are not losing faith in BTC, despite its short-term dips.

On Thursday, BlackRock’s IBIT ETF recorded the largest daily net inflow of $80.96 million, bringing the total accumulated net inflow to $39.75 billion.

The Fidelity ETF FBTC took second place with a net inflow of $25.90 million. The total historical net inflow of the ETF now stands at $11.28 billion.

Open interest in futures is increasing

The price of Bitcoin has increased by 0.30% over the last 24 hours. Trading activity has also risen, as evidenced by the increase in open interest for futures. At the time of publication, it stands at $54.93 billion, having increased by 5% over the last day.

When BTC open interest rises along with its price, it indicates that more traders are entering the market, opening new long or short positions. This confirms the growing interest of investors and enhances speculative activity around the leading cryptocurrency.

High demand for call options also supports an optimistic forecast. Traders use call options when they expect prices to rise, so increased activity in this segment indicates that many are counting on upward movement.

However, not all traders share this optimistic sentiment.

Today, the BTC funding rate has turned negative, indicating high interest in short positions in the futures market. Currently, it stands at -0.0006%.

When the funding rate of a coin is negative, bearish sentiment prevails in the market and bets are placed on price declines.

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