BlackRock Digital Asset Head: Among Global Top 20 ETFs, Only Bitcoin ETF Shows Losses; 90% of Investors Buy More as Prices Drop

Odaily News According to BlackRock's Head of Digital Assets in a live broadcast, among the top 20 global ETFs by fund inflows, only the BlackRock Bitcoin ETF has a negative return, while all other ETFs are profitable. Currently, the inflow into the BlackRock Bitcoin ETF has reached $26 billion, ranking fourth globally. The head stated that this phenomenon indicates Bitcoin is in a period of intense turnover and long-term accumulation. Furthermore, 90% of investors in the BlackRock Bitcoin ETF are buying more as prices drop, with only 10% being hedge funds engaging in short-term, rapid high-frequency trading using basis trades.