Bloomberg ETF Analyst: Bitcoin ETF is now taking two steps forward after taking one step back last month

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ODAILY
07-16
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Odaily Odaily News: Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform that after taking a step back in June, the Bitcoin ETF is now in a "two steps forward" mode, with inflows increasing by another $300 million yesterday, totaling $1 billion this week. The total net inflows from the beginning of the year to date exceeded $16 billion for the first time. Previously, the total net inflows for spot Bitcoin in the first 12 months were estimated to be $12-15 billion, and now it seems to have achieved this goal 6 months ahead of schedule.

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