Bloomberg ETF Analyst: Traditional Financial Institutions Group Interested in Bitcoin ETF, Helps Improve Fund Flows and Demand
2024-10-27 02:09:04
The data shows that BlackRock IBIT has had the largest inflow of funds among the 1,800 ETFs that have started trading over the past four years. Bloomberg ETF analyst James Seyffart believes that the reason for the rapid inflow of funds is that investors have wanted to invest in Bitcoin for some time. Traditional Financial Institutions Group has been interested in Bitcoin ETFs, helping to improve capital flows and demand.
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