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Bloomberg Analyst: Bitcoin ETF capital flows have fully turned positive, IBIT ranks in the top 1% for capital flows
Golden Finance reports that 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 iShares Bitcoin Trust accumulating about $3 billion in inflows, ranking in the top 1% of all ETF capital flow performance.
However, Eric Balchunas pointed out that it still requires tens of billions of dollars in additional capital inflows to return to the historical total capital flow high ($62.8 billion), but at least it indicates that Bitcoin ETF market sentiment has significantly improved and market demand is recovering.