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

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

Bitget2024/07/02 12:59

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.

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