Bloomberg analysts: Bitcoin ETF fund flows have fully turned positive, and IBIT has entered the top 1% of ETF fund flows

Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that Bitcoin ETF fund flows have turned positive across the board, stating "all rolling periods we track are positive," marking the first time in several months. Among them, BlackRock's IBIT has seen cumulative inflows of about $3 billion, placing it in the top 1% of all ETF fund flow performances. However, Eric Balchunas pointed out that there are still several billion dollars needed to return to the historical cumulative fund flow high of $62.8 billion, but at least it indicates that the sentiment around Bitcoin ETF funds has clearly improved and market demand is recovering.