Bloomberg analyst: Bitcoin ETF net inflows hit a new high of $17.70 billion this year
2024-09-20 13:06:40
Bloomberg ETF analyst Eric Balchunas wrote on the X platform that the Bitcoin ETF market reached an important milestone yesterday. Year-to-date (YTD) net inflows reached a new high of $17.70 billion, while nearly a month of capital flows turned positive. Balchunas stressed that it is crucial to maintain stability during the "short-term correction", which helps to create new annual net inflow highs faster.
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