Bitcoin ETF funds continue to flow out, year-end option expirations trigger market volatility expectations

Source: TokenPost Original Title: [KOL Index] Bitcoin ETF Fund Outflows Expand… Year-End Option Expiry Variables Highlighted Outside Original Link: https://www.tokenpost.kr/news/blockchain/318445

Market Focus Scan

According to the latest discussions in the KOL community, the flow of funds in Bitcoin spot ETFs has become the most watched topic of the day. Amid a net outflow of approximately 2,800 BTC in a single day, the continuous outflow trend over the past 7 days has sparked heated debate among investors. In contrast, Ethereum and Solana ETFs are showing opposite trends.

Continued Net Outflow of Bitcoin ETFs

The US Bitcoin spot ETF is experiencing significant fund outflows, with a single-day net outflow of 2,800 BTC. Community opinions are divided—some investors interpret this as a sign of declining short-term investment confidence, but cautious voices point out the need to analyze this separately from medium- and long-term trends to avoid overinterpreting short-term volatility.

Year-End Option Expiry as a Variable

As the year-end approaches, the date of the largest Bitcoin options expiry in history has attracted widespread attention. The community is focusing on factors such as a high proportion of call options and the concentration of maximum pain prices within specific ranges. Most analyses believe that price volatility may increase around the expiry, and investors emphasize the importance of managing short-term positions.

DeFi Yield Strategies and Macro Risks Coexist

Interestingly, two types of content are emerging in the community: on one hand, investors share real cases of generating yields through staking, funding rates, airdrops, and other diversified strategies in a declining liquidity environment; on the other hand, some voices warn of market patterns similar to the Great Depression of 1929, highlighting the potential for medium- and long-term financial crises.

Data-Driven Investment Mindset

A characteristic of this round of community discussion is that investors are more focused on data analysis and scenario simulation content rather than pure price predictions. The flow of ETF funds and options expiry data serve as decision-making references, reflecting a more rational analytical framework among market participants.