Bloomberg analysts: Bitcoin ETF resumed inflows on Wednesday, indicating optimism for investors' resilience.

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ODAILY
08-08
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Odaily Odaily News: Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform that Bitcoin ETFs resumed inflows on Wednesday, after very mild outflows in the previous two days, accounting for only 0.5% of total AUM, which means that 99.5% of funds remain strong after a 14% drop on Monday and a 21% drop this week. IBIT has no outflows, but the transaction volume has reached $5 billion, which is completely strange. Currently (among all asset classes) there is optimism about the tenacity of Bitcoin ETF investors, and 2-3% of AUM outflows were expected.

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