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GOOGL $344.33 +0.33%
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SPCX $159.08 +0.01%
MU $1,066.52 -0.39%
AMD $631.54 -0.35%

Bloomberg ETF Analyst: Bitcoin ETF Still Achieves Net Positive Flows During the Cryptocurrency Market Pullback Phase

2024-07-02 20:29:33

ChainCatcher news, Bloomberg ETF senior analyst Eric Balchunas posted on social media that he found Bitcoin ETFs have achieved net positive flows on a daily, weekly, and monthly basis. Initially, it was thought that the situation would worsen during the market downturn, but during this period, the year-to-date net flow has remained stable at +$14.6 billion, which is a good sign. Bitcoin ETFs continue to remain strong even in the "pullback" phase.

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