Bloomberg ETF Analyst: Traditional financial institutions are interested in Bitcoin ETFs, which can help improve capital flow and demand
Data shows that in the past four years, among 1,800 ETFs that started trading, BlackRock's IBIT has ranked first in terms of fund inflows. Bloomberg ETF analyst James Seyffart believes that a large part of the reason for the rapid influx of funds is due to investors wanting to invest in Bitcoin for some time. The interest from traditional financial institutions in Bitcoin ETFs helps improve capital flow and demand.
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