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Bloomberg analyst: Bitcoin ETF still achieves net positive flow during the crypto market decline

2024-07-02 12:27
Odaily News Eric Balchunas, senior ETF analyst at Bloomberg, posted on the X platform that he found that the Bitcoin ETF achieved net positive flows in a single day, week, and month. He originally thought that the situation would be earlier during the market decline, but during this period, the net flow from the beginning of the year to date has stabilized at +14.6 billion, which is a good sign that the Bitcoin ETF remains strong in the "pullback" phase.