Bloomberg Analyst: Bitcoin ETF Inflows Surpass $10 Billion This Year

Odaily News According to a post by Eric Balchunas, Senior ETF Analyst at Bloomberg, on platform X, Bitcoin ETF inflows have surpassed $10 billion this year, successfully reversing the previous net outflow situation and achieving positive growth. The next key observation metric is the cumulative historical net inflow size (the most important and challenging indicator). The previous peak for this data was $62.8 billion, and it is currently around $58 billion, leaving a gap of approximately $5 billion to reach a new historical high. During the development process of an asset class, the key is to control the scale of outflows during market downturns to reduce subsequent recovery pressure; in this regard, spot Bitcoin ETFs have outperformed other popular asset classes.