Bloomberg Analyst: Bitcoin ETFs See Large Inflows, But Signs of a Dead Cat Bounce Remain

Odaily Tin tức Bloomberg's senior ETF analyst Eric Balchunas posted on platform X, stating that Bitcoin ETFs attracted approximately $500 million in inflows yesterday, marking the largest single-day increase recently. Over the past two days, cumulative inflows reached about $750 million. Amidst prevailing market pessimism, he likened this inflow to "hitting a home run during a slump in the game," providing a boost to the market. Year-to-date, Bitcoin ETFs still have a cumulative net outflow of less than $2 billion. However, it remains unclear whether this signals the start of a genuine rebound or merely a brief "dead cat bounce."