Bloomberg ETF senior analyst Eric Balchunas disclosed data showing that with the grey release of capital inflows, Bitcoin ETFs are all inflows for the first time.
In addition, Eric Balchunas also highlighted that during the quite severe and persistent crypto market downturn, more than 95% of ETF investors still held assets and did not sell them. "Will it happen next time? The historical record shows that this may happen again, and the proportion may be high. As we said, outflows happen and inflows happen, but in the long run, two things tend to be true for ETFs: net growth and relatively strong holders."
Bloomberg ETF analyst: More than 95% of bitcoin ETF investors did not sell during the market decline
2024-05-06 15:08:06
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