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Bloomberg ETF analyst: Fund flows to U.S. Bitcoin spot ETFs are basically stagnant

2024-07-03 04:40
Odaily News James Seyffart, ETF analyst at Bloomberg, wrote on the X platform that the capital flow of US Bitcoin (spot) ETFs has basically stagnated, with small inflows and small outflows; since its launch, it has had a net inflow of $14.7 billion. However, the trading volume of these ETFs has been on a downward trend since mid-May and has failed to break through $3 billion.