Exactly. It's currently a drop in the ocean. As predicted by much of the media, it's barely relevant, much like when Bitcoin Futures initially launched. The interest was almost non-existent.
I am seeing some data that contradicts this. Like the fact the Bitcoin ETFs pulled in over 1.2Billion in the first 30 minutes of trading. This is nothing like the futures launch. At least not yet. I suppose if the inflow stops there it could cool down?