Bloomberg analyst: The net inflow of Bitcoin ETFs in the United States has reached 19 billion US dollars since the beginning of the year, setting a new historical high
In a message from ChainCatcher, Bloomberg ETF analyst Eric Balchunas posted on social media saying, "After the dust settled from Bitcoin's drop over the past two weeks (despite some price recovery), the total inflow of Bitcoin spot ETFs since the beginning of this year has reached $19 billion, setting a new historical high. This is still surprisingly strong when considering all factors. This figure is the most important indicator of success because it includes net price changes and GBTC unlocking."
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
Analyst: U.S. election could have more impact on markets than monetary policy
A whale raised about 363,000 LINKs worth about $3.81 million from cex
US stocks lower, S&P 500 down 0.45 per cent
US 10-year Treasury yields fall to lowest level since June 2023