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Bloomberg ETF Analyst: Bitcoin ETF Still Achieves Net Positive Flow During Cryptocurrency Market Downturn

Bloomberg ETF Analyst: Bitcoin ETF Still Achieves Net Positive Flow During Cryptocurrency Market Downturn

Bitget2024/07/02 12:57
BTC+0.52%

Bloomberg's senior ETF analyst Eric Balchunas posted on social media, stating that he found Bitcoin ETFs achieved net positive flows in a single day, week, and month. He originally thought the situation would be earlier during the market downturn, but during this period, the net flow from the beginning of the year has remained stable at +146 billion. This is a good sign as Bitcoin ETFs remain strong even in "pullback" stages.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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