According to Odaily Planet Daily, Bloomberg ETF analyst Eric Balchunas wrote in an article on X that Bitcoin ETF fund growth will follow a "two steps forward, one step back" pattern, and the market is currently in a correction phase. He pointed out that this pattern can be seen in IBIT's fund flows and emphasized that short-term volatility is normal. "In my opinion, this is just part of the growth process; only children expect daily increases," Balchunas added.