Bloomberg Analyst: Bitcoin ETF capital flows have fully turned positive, with IBIT ranking in the top 1% for ETF capital flows

robot
Abstract generation in progress

Mars Finance News, Bloomberg senior ETF analyst Eric Balchunas posted on X platform stating that Bitcoin ETF capital flows have fully turned positive and said “all rolling periods we track are positive,” for the first time in recent months, with BlackRock’s IBIT accumulating about $3 billion in inflows, entering the top 1% of all ETF capital flow performance. However, Eric Balchunas pointed out that it still requires an additional several billion dollars in capital inflows to reach the previous all-time high of $62.8 billion in cumulative funds, but at least it indicates that Bitcoin ETF investor sentiment has significantly improved and market demand is recovering.

BTC-1.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin