Bloomberg Analyst: Bitcoin ETF Still Achieves Strong Net Positive Flow During Cryptocurrency Market Downturn
Bloomberg ETF Senior Analyst Eric Balchunas posted on X platform, stating that he found Bitcoin ETFs achieved net positive flows daily, weekly, and monthly. He originally thought the situation would be earlier during a 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.
You may also like
The US SEC will issue guidelines for cryptocurrency custody services
Negotiations on the U.S. crypto market structure bill may be postponed until January next year
Kazakhstan is advancing its national crypto and blockchain strategy with Solana at the core.