Bloomberg analyst: Bitcoin ETF is under some pressure, but the outflow of funds is not serious

Odaily News Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform that Bitcoin ETFs were under pressure due to the market decline, with nearly $1 billion in outflows and $1.8 billion in weekly flows. However, the good thing is that the outflows were less than 2% of the total assets. Considering the severity of the losses, the outflows were not serious. This trend is like two steps forward and one step back. You'll get used to it.