Bloomberg ETF Analyst: Bitcoin ETF is in a "One Step Back, Two Steps Forward" Mode
Bloomberg Senior ETF Analyst Eric Balchunas posted on the X platform, saying that Bitcoin ETF is in a "one step back, two steps forward" mode. It "took a step back" in June, but now it's starting to "move two steps forward", with inflows increasing by about $300 million yesterday and totaling $1 billion this week. The total net inflow since the beginning of the year has exceeded $16 billion for the first time. Previously, it was estimated that the total net inflow of spot Bitcoin for the previous 12 months would be between $12-15 billion; it seems that this target has been achieved six months ahead of schedule.
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