Wu Blockchain reports that Matrixport's analysis suggests the main reason for the slowdown in Bitcoin ETF inflows is the narrowing of the basis. Over the past year, retail participation has remained low (using South Korea's market trading volume as an observation indicator), leading to a lack of incremental buying support in the market. Perpetual contract funding rates have stayed at low levels for a long time, which has compressed the profit margin for basis trading (spot-futures arbitrage). This, in turn, has limited incremental inflows into Bitcoin ETFs, keeping them at relatively moderate levels. http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56570