ChainCatcher Message, IntoTheBlock's latest data shows that $9.4 billion worth of Bitcoin flowed out of trading platforms in 2024, a phenomenon primarily attributed to the successful launch of Bitcoin ETFs. Firstly, the advent of Bitcoin ETFs provides investors with a more convenient investment channel, reducing reliance on traditional trading platforms. Secondly, this trend may reflect an increased market confidence in the long-term value of Bitcoin, with investors more inclined to hold for the long term. Additionally, the success of ETFs may also attract more institutional investors into the market, further driving the growth of Bitcoin's market capitalization.