Odaily News Bloomberg ETF analyst Eric Balchunas wrote on the X platform that the year-to-date net inflow of Bitcoin spot ETFs has reached $17 billion for the first time. This is the most noteworthy number because it is the net amount unlocked by GBTC and is independent of price appreciation, basically without any gimmicks, and can only grow through net demand and adoption. And it may fall, but it is rising now.