Bloomberg analysts: Silver ETF returns are "exaggerated" but capital inflows are limited, IBIT's headwinds in capital absorption release long-term bullish signals for BTC

Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that the recent performance of the silver exchange-traded fund SLV is "exaggerated to the extreme," but the inflow of funds has been quite limited, attracting only about $1 billion in the past six months, and investors should pay attention to the risks.

In contrast, BlackRock's Bitcoin spot exchange-traded fund IBIT, despite a price pullback of about 24%, has still recorded over $6 billion in net inflows, which is a "very positive" signal for Bitcoin's long-term prospects. This indicates that when the market is favorable, any ordinary ETF can attract funds, but the ability to continue receiving inflows during prolonged difficult phases is what makes an ETF truly "hardcore."